PPP Loan information for Falpm, inc

$503,419

Falpm, inc was initially approved for PPP Loan of amount $519,400, the current approved amount is $503,419. The loan was approved on 04/08/2020 by The Truist Bank reported 47 jobs and $503,419 was used to fund payroll.

Falpm, inc is Existing or more than 2 years old

FALPM, INC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FALPM, INC

Borrower Address

11411 Rockville Pike

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-5911

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519400.00

Current Approval Amount

503418.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-5911

CD

MD-08

Jobs Reported

47

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503418.75

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

507725.78

Forgiveness Date

02/19/2021

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