PPP Loan information for Faros, inc.

$17,000

Faros, inc. was initially approved for PPP Loan of amount $17,000, the current approved amount is $17,000. The loan was approved on 05/07/2020 by The Horizon Bank reported 9 jobs and $17,000 was used to fund payroll.

Faros, inc. is Unanswered

PPP Loan Search / IN / MICHIGAN CITY / Faros, inc.

FAROS, INC.

Date Approved

05/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FAROS, INC.

Borrower Address

600 Wabash St.

Borrower City

MICHIGAN CITY

Borrower State

IN

Borrower Zip

46360

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17000.00

Current Approval Amount

17000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MICHIGAN CITY

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-0001

CD

IN-01

Jobs Reported

9

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15300.00

Mortgage Interest Proceed

0.00

Rent Proceed

1700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17198.41

Forgiveness Date

07/09/2021

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