PPP Loan information for Faucette technology

$108,714

Faucette technology was initially approved for PPP Loan of amount $108,714, the current approved amount is $108,714. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $108,714 was used to fund payroll.

Faucette technology is New Business or 2 years or less

PPP Loan Search / VA / SPRINGFIELD / Faucette technology

FAUCETTE TECHNOLOGY

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FAUCETTE TECHNOLOGY

Borrower Address

6608 INDEPENDENCE AVE

Borrower City

SPRINGFIELD

Borrower State

VA

Borrower Zip

22151-3844

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108714.00

Current Approval Amount

108714.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

FAIRFAX

Project State

VA

Project Zip

22151-3844

CD

VA-08

Jobs Reported

4

NAICS Code

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108714.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109604.56

Forgiveness Date

02/25/2021

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