Foneco Business Systems INC

$82,500 PPP Loan in Mesquite, Texas

Loan Details

Loan Number
8690057110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$82,500
Current Approval
$82,500
Forgiveness Amount
$83,039
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Foneco Business Systems INC
Address
3332 East Hwy 80
State
Texas
ZIP Code
75149-1101
Business Type
Corporation
Industry (NAICS)
Manufacturing (334210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$66,000
Rent
$8,250
Utilities
$8,250

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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