PPP Loan information for Foundation rehab, inc.

$264,800

Foundation rehab, inc. was initially approved for PPP Loan of amount $265,000, the current approved amount is $264,800. The loan was approved on 04/05/2020 by The First United Bank & Trust reported 25 jobs and $264,800 was used to fund payroll.

Foundation rehab, inc. is Existing or more than 2 years old

FOUNDATION REHAB, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FOUNDATION REHAB, INC.

Borrower Address

PO Box 102

Borrower City

LONACONING

Borrower State

MD

Borrower Zip

21539

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

264800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONACONING

Project County Name

ALLEGANY

Project State

MD

Project Zip

21539-0001

CD

MD-06

Jobs Reported

25

NAICS Code

624310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

264800.00

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

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266881.62

Forgiveness Date

01/25/2021

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