PPP Loan information for Federated lighting inc

$943,128

Federated lighting inc was initially approved for PPP Loan of amount $1,203,400, the current approved amount is $943,128. The loan was approved on 04/08/2020 by The Truist Bank reported 56 jobs and $943,128 was used to fund payroll.

Federated lighting inc is Existing or more than 2 years old

FEDERATED LIGHTING INC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FEDERATED LIGHTING INC

Borrower Address

16000 TRADE ZONE AVE #300

Borrower City

UPPER MARLBORO

Borrower State

MD

Borrower Zip

20774-8700

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1203400.00

Current Approval Amount

943128.00

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

UPPER MARLBORO

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-8700

CD

MD-05

Jobs Reported

56

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

943128.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

953030.84

Forgiveness Date

05/06/2021

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