Favorite Brands

$2,410,172 PPP Loan in Farmers Branch, Texas

Loan Details

Loan Number
1624777103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,410,172
Current Approval
$2,410,172
Forgiveness Amount
$2,442,715
Forgiveness Date
Aug 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Favorite Brands
Address
13755 Diplomat Dr 0.0
State
Texas
ZIP Code
75234-8926
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
241
Estimated Revenue
$62.0M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$1,807,500
Rent
$501,998
Utilities
$100,674

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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