PPP Loan information for Favor home care inc.

$13,988

Favor home care inc. was initially approved for PPP Loan of amount $13,988, the current approved amount is $13,988. The loan was approved on 02/23/2021 by The Truist Bank reported 11 jobs and $13,988 was used to fund payroll.

Favor home care inc. is Existing or more than 2 years old

FAVOR HOME CARE INC.

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAVOR HOME CARE INC.

Borrower Address

217 N Main St Ste 101

Borrower City

Tarboro

Borrower State

NC

Borrower Zip

27886-5037

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13987.50

Current Approval Amount

13987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tarboro

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-5037

CD

NC-01

Jobs Reported

11

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

13982.50

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14062.10

Forgiveness Date

09/08/2021

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