PPP Loan information for Financial management inc

$160,000

Financial management inc was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/08/2020 by The The First Bank and Trust Company reported 9 jobs and $160,000 was used to fund payroll.

Financial management inc is Existing or more than 2 years old

FINANCIAL MANAGEMENT INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FINANCIAL MANAGEMENT INC

Borrower Address

230 S WAYNE AVE

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-4622

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980-4622

CD

VA-06

Jobs Reported

9

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

161022.22

Forgiveness Date

12/04/2020

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