Faps Inc.

$2,000,000 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
9684538509
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,630
Forgiveness Date
Dec 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Faps Inc.
Address
371 Craneway St
City
Newark
ZIP Code
07114-3114
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
294
Estimated Revenue
$57.6M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
Webster Bank National Association
Originating Lender
Webster Bank National Association

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