PPP Loan information for Freeport technologies inc.

$320,000

Freeport technologies inc. was initially approved for PPP Loan of amount $320,000, the current approved amount is $320,000. The loan was approved on 02/04/2021 by The Sandy Spring Bank reported 16 jobs and $320,000 was used to fund payroll.

Freeport technologies inc. is Existing or more than 2 years old

FREEPORT TECHNOLOGIES INC.

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FREEPORT TECHNOLOGIES INC.

Borrower Address

470 Springpark Pl Ste 100

Borrower City

Herndon

Borrower State

VA

Borrower Zip

20170-5258

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320000.00

Current Approval Amount

320000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Herndon

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5258

CD

VA-11

Jobs Reported

16

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

319998.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321998.90

Forgiveness Date

09/22/2021

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