305 NO FAULT INC (FL) - 2020 PPP Loan Borrower Profile (# 2246867200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 305 NO FAULT 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 Florida.

Loan Detail

Loan Number
2246867200
SBA Office Code
0455
Processing Method
PPP
Curent Loan Amount
$229,158
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$230,878.25
Date Loan was Forgiven
Jan 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
229,158
Lender
United Community Bank

Business Detail

Business Type
Corporation
NAICS
541110
Borrower Location
DORAL, FL
Project Location
DORAL, FL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
52
Business Age Description
Existing or more than 2 years old
Data Source: SBA.