PPP Loan information for Fedscaleinc

$466,192

Fedscaleinc was initially approved for PPP Loan of amount $466,192, the current approved amount is $466,192. The loan was approved on 01/20/2021 by The Farmers & Merchants Bank reported 36 jobs and $466,192 was used to fund payroll.

Fedscaleinc is Existing or more than 2 years old

FEDSCALEINC

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FEDSCALEINC

Borrower Address

1 N Broad St

Borrower City

Luray

Borrower State

VA

Borrower Zip

22835-1147

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

466192.00

Current Approval Amount

466192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Luray

Project County Name

PAGE

Project State

VA

Project Zip

22835-1147

CD

VA-06

Jobs Reported

36

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

466190.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468056.77

Forgiveness Date

06/15/2021

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