Faison Group Benefits INC

$264,866 PPP Loan in Ashland, Virginia

Loan Details

Loan Number
2325577107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$264,866
Current Approval
$264,866
Forgiveness Amount
$268,110
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Faison Group Benefits INC
Address
1 Po Box 6009
ZIP Code
23005-6009
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$224,708
Rent
$18,599
Utilities
$6,625
Health Care
$14,935

Lender Information

Servicing Lender
Locus Bank INC
Originating Lender
Locus Bank INC

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