FAROOQUE & SONS INC (DE) - 2020 PPP Loan Borrower Profile (# 7507617807)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FAROOQUE & SONS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

7507617807

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$4,875

Date Loan was Approved

Jun 3, 2020

Amount Forgiven

$4,934.72

Date Loan was Forgiven

Oct 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

4,875

Lender

TD Bank, National Association

Business Detail

Business Type

Corporation

NAICS

453991

Borrower Location

BEAR, DE

Project Location

BEAR, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.