PPP Loan information for Favco inc.

$231,397

Favco inc. was initially approved for PPP Loan of amount $231,397, the current approved amount is $231,397. The loan was approved on 03/23/2021 by The Northrim Bank reported 23 jobs and $231,397 was used to fund payroll.

Favco inc. is Existing or more than 2 years old

FAVCO INC.

Date Approved

03/23/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

FAVCO INC.

Borrower Address

1205 W 29th Ave

Borrower City

Anchorage

Borrower State

AK

Borrower Zip

99503-3616

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231396.87

Current Approval Amount

231396.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116975

Servicing Lender Name

Northrim Bank

Servicing Lender Address

3111 'C' St

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anchorage

Project County Name

ANCHORAGE

Project State

AK

Project Zip

99503-3616

CD

AK-

Jobs Reported

23

NAICS Code

311710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

231391.87

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

Sole Proprietorship

Originating Lender Location Id

116975

Originating Lender

Northrim Bank

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234281.41

Forgiveness Date

07/08/2022

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