Favorite Foods Inc.

$1,288,326 PPP Loan in Somersworth, New Hampshire

Loan Details

Loan Number
1647548408
Date Approved
Feb 2, 2021
Loan Status
Exemption 4
Initial Approval
$1,288,326
Current Approval
$1,288,326
Forgiveness Amount
$1,031,479
Forgiveness Date
Jan 24, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Favorite Foods Inc.
Address
29 Interstate Dr
ZIP Code
03878-1210
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722310)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
NH-01

Loan Use Breakdown

Payroll
$1,288,322
Utilities
$1

Lender Information

Servicing Lender
Reading Co-Operative Bank
Originating Lender
Reading Co-Operative Bank

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