Farad Concrete Corp

$111,480 PPP Loan in Holtsville, New York

Loan Details

Loan Number
2454707704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$111,480
Current Approval
$111,480
Forgiveness Amount
$112,712
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farad Concrete Corp
Address
620 Union Ave
ZIP Code
11742
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-01

Loan Use Breakdown

Payroll
$44,592
Rent
$5,000
Utilities
$670
Health Care
$61,218

Lender Information

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

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