PPP Loan information for Farah inc

$109,075

Farah inc was initially approved for PPP Loan of amount $109,075, the current approved amount is $109,075. The loan was approved on 04/08/2020 by The Hinsdale Bank & Trust Company, National Association reported 31 jobs and $109,075 was used to fund payroll.

Farah inc is Existing or more than 2 years old

FARAH INC

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FARAH INC

Borrower Address

961 SEPULVEDA BLVD

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90502-2735

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109075.00

Current Approval Amount

109075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90502-2735

CD

CA-44

Jobs Reported

31

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10907.50

Payroll Proceed

81806.25

Mortgage Interest Proceed

16361.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

109790.05

Forgiveness Date

12/10/2020

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