# PPP loan: FASTAN, INC
> **$416K** approved 04/09/2020 · Paid in Full · Loan `9704077003`
## Borrower
- **Name:** FASTAN, INC
- **Address:** 136 Taylor Ave, Salem, VA, 24153-3404
- **NAICS:** 812199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Jobs reported:** 18
## Lender
- **Originating:** HomeTrust Bank
- **Servicing:** HomeTrust Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*