PPP Loan information for Faubion associates, inc.

$1,955,400

Faubion associates, inc. was initially approved for PPP Loan of amount $1,955,400, the current approved amount is $1,955,400. The loan was approved on 04/29/2020 by The Prosperity Bank reported 120 jobs and $1,955,400 was used to fund payroll.

Faubion associates, inc. is Existing or more than 2 years old

FAUBION ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FAUBION ASSOCIATES, INC.

Borrower Address

1000 Forest Ave

Borrower City

Dallas

Borrower State

TX

Borrower Zip

75215

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1955400.00

Current Approval Amount

1955400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dallas

Project County Name

DALLAS

Project State

TX

Project Zip

75215-1000

CD

TX-30

Jobs Reported

120

NAICS Code

337121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1955400.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1969918.18

Forgiveness Date

01/27/2021

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