PPP Loan information for Federal resources corporation

$499,600

Federal resources corporation was initially approved for PPP Loan of amount $499,600, the current approved amount is $499,600. The loan was approved on 04/15/2020 by The The Farmers National Bank of Canfield reported 71 jobs and $499,600 was used to fund payroll.

Federal resources corporation is Existing or more than 2 years old

PPP Loan Search / PA / ERIE / Federal resources corporation

FEDERAL RESOURCES CORPORATION

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

FEDERAL RESOURCES CORPORATION

Borrower Address

417 STATE ST

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16501-1106

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499600.00

Current Approval Amount

499600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16501-1106

CD

PA-16

Jobs Reported

71

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

499600.00

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492255.91

Forgiveness Date

11/05/2020

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