PPP Loan information for Fasnap corp

$550,000

Fasnap corp was initially approved for PPP Loan of amount $697,400, the current approved amount is $550,000. The loan was approved on 04/10/2020 by The 1st Source Bank reported 48 jobs and $550,000 was used to fund payroll.

Fasnap corp is Existing or more than 2 years old

FASNAP CORP

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FASNAP CORP

Borrower Address

3500 REEDY DR

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46514-7668

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697400.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46514-7668

CD

IN-02

Jobs Reported

48

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

550000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

553070.83

Forgiveness Date

11/03/2020

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