PPP Loan information for Medifocus inc.

$115,625

Medifocus inc. was initially approved for PPP Loan of amount $115,625, the current approved amount is $115,625. The loan was approved on 04/16/2020 by The Sandy Spring Bank reported 9 jobs and $115,625 was used to fund payroll.

Medifocus inc. is Existing or more than 2 years old

PPP Loan Search / MD / COLUMBIA / Medifocus inc.

MEDIFOCUS INC.

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MEDIFOCUS INC.

Borrower Address

10240 Old Columbia Rd Suite G

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21046

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115625.00

Current Approval Amount

115625.00

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

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1000

CD

MD-03

Jobs Reported

9

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28906.25

Payroll Proceed

86718.75

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

116806.59

Forgiveness Date

05/06/2021

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