PPP Loan information for Favorite investment llc

$148,565

Favorite investment llc was initially approved for PPP Loan of amount $148,565, the current approved amount is $148,565. The loan was approved on 03/05/2021 by The Cross River Bank reported 8 jobs and $148,565 was used to fund payroll.

Favorite investment llc is Existing or more than 2 years old

FAVORITE INVESTMENT LLC

Date Approved

03/05/2021

SBA Office Code

0671

Processing Method

PPP

Borrower Name

FAVORITE INVESTMENT LLC

Borrower Address

16823 Clola Ct

Borrower City

Richmond

Borrower State

TX

Borrower Zip

77407-1211

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148565.00

Current Approval Amount

148565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

FORT BEND

Project State

TX

Project Zip

77407-1211

CD

TX-22

Jobs Reported

8

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148561.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149883.77

Forgiveness Date

01/31/2022

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