PPP Loan information for Ferraras ii inc

$40,754

Ferraras ii inc was initially approved for PPP Loan of amount $40,754, the current approved amount is $40,754. The loan was approved on 01/22/2021 by The MBE Capital Partners reported 15 jobs and $40,754 was used to fund payroll.

Ferraras ii inc is Existing or more than 2 years old

FERRARAS II INC

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FERRARAS II INC

Borrower Address

179 SYLVA PLZ

Borrower City

SYLVA

Borrower State

NC

Borrower Zip

28779

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40754.00

Current Approval Amount

40754.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYLVA

Project County Name

JACKSON

Project State

NC

Project Zip

28779

CD

NC-11

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40754.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40999.66

Forgiveness Date

09/07/2021

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