PPP Loan information for Facilities development corporation

$331,400

Facilities development corporation was initially approved for PPP Loan of amount $331,400, the current approved amount is $331,400. The loan was approved on 01/20/2021 by The MainStreet Bank reported 14 jobs and $331,400 was used to fund payroll.

Facilities development corporation is Existing or more than 2 years old

FACILITIES DEVELOPMENT CORPORATION

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FACILITIES DEVELOPMENT CORPORATION

Borrower Address

1980 Isaac Newton Sq W

Borrower City

Reston

Borrower State

VA

Borrower Zip

20190-5001

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

331400.00

Current Approval Amount

331400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reston

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-5001

CD

VA-11

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

331396.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334813.87

Forgiveness Date

02/03/2022

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