PPP borrower record

FAROUK SYSTEMS INC PPP loan record

Public SBA PPP loan record for FAROUK SYSTEMS INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$7,329,662
Approved amount
N/A
Forgiven amount
2020-05-01
Date approved

Borrower and loan details

Borrower
FAROUK SYSTEMS INC
Loan number
5134757702
Business type
Sole Proprietorship
Business age
New Business or 2 years or less
Borrower city
Houston
Borrower state
Texas
Borrower ZIP
77090
Jobs reported
500
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Bank of America, National Association
Originating lender
Bank of America, National Association

Reported use of proceeds

Payroll
$7,329,662
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.