PPP Loan information for Favored group home inc.

$81,795

Favored group home inc. was initially approved for PPP Loan of amount $81,795, the current approved amount is $81,795. The loan was approved on 01/28/2021 by The Citizens Bank, National Association reported 17 jobs and $81,795 was used to fund payroll.

Favored group home inc. is Existing or more than 2 years old

FAVORED GROUP HOME INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAVORED GROUP HOME INC.

Borrower Address

15836 Beech Daly Rd

Borrower City

Redford

Borrower State

MI

Borrower Zip

48239-3806

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81795.00

Current Approval Amount

81795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redford

Project County Name

WAYNE

Project State

MI

Project Zip

48239-3806

CD

MI-12

Jobs Reported

17

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

81791.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82236.47

Forgiveness Date

08/18/2021

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