PPP Loan information for Faraz inc

$30,795

Faraz inc was initially approved for PPP Loan of amount $30,795, the current approved amount is $30,795. The loan was approved on 04/28/2020 by The Old Second National Bank reported 6 jobs and $30,795 was used to fund payroll.

Faraz inc is Existing or more than 2 years old

FARAZ INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FARAZ INC

Borrower Address

240 CORTLAND AVE

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1219

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30795.00

Current Approval Amount

30795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1219

CD

IL-03

Jobs Reported

6

NAICS Code

448190

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30795.00

Mortgage Interest Proceed

0.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31092.69

Forgiveness Date

04/14/2021

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