PPP Loan information for Federal fabrics fibers inc

$225,000

Federal fabrics fibers inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 02/16/2021 by The Eastern Bank reported 22 jobs and $225,000 was used to fund payroll.

Federal fabrics fibers inc is Existing or more than 2 years old

PPP Loan Search / MA / Lowell / Federal fabrics fibers inc

FEDERAL FABRICS FIBERS INC

Date Approved

02/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FEDERAL FABRICS FIBERS INC

Borrower Address

45 W Adams St

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01851-1331

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-1331

CD

MA-03

Jobs Reported

22

NAICS Code

339999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

227537.50

Forgiveness Date

03/31/2022

;