PPP Loan information for The faison center, inc.

$2,748,800

The faison center, inc. was initially approved for PPP Loan of amount $2,748,800, the current approved amount is $2,748,800. The loan was approved on 04/11/2020 by The TowneBank reported 340 jobs and $2,748,800 was used to fund payroll.

The faison center, inc. is Existing or more than 2 years old

PPP Loan Search / VA / RICHMOND / The faison center, inc.

THE FAISON CENTER, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE FAISON CENTER, INC.

Borrower Address

1701 Byrd Ave

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23230-3011

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2748800.00

Current Approval Amount

2748800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

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

HENRICO

Project State

VA

Project Zip

23230-3011

CD

VA-04

Jobs Reported

340

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2748800.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2167219.93

Forgiveness Date

07/26/2021

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