PPP Loan information for Farone inc

$45,750

Farone inc was initially approved for PPP Loan of amount $45,750, the current approved amount is $45,750. The loan was approved on 05/01/2020 by The Customers Bank reported 14 jobs and $45,750 was used to fund payroll.

Farone inc is Existing or more than 2 years old

PPP Loan Search / MA / West Springfield / Farone inc

FARONE INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

FARONE INC

Borrower Address

60 Park St

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45750.00

Current Approval Amount

45750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-1000

CD

MA-01

Jobs Reported

14

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45750.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46565.98

Forgiveness Date

02/23/2022

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