PPP Loan information for Multifamily management services, inc

$122,000

Multifamily management services, inc was initially approved for PPP Loan of amount $126,000, the current approved amount is $122,000. The loan was approved on 04/03/2020 by The Farmers & Merchants Bank reported 12 jobs and $122,000 was used to fund payroll.

Multifamily management services, inc is Existing or more than 2 years old

MULTIFAMILY MANAGEMENT SERVICES, INC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MULTIFAMILY MANAGEMENT SERVICES, INC

Borrower Address

240 N. Cental Ave. Suite A

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-3376

Loan Status Date

01/24/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126000.00

Current Approval Amount

122000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-3376

CD

VA-06

Jobs Reported

12

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123159.00

Forgiveness Date

03/18/2021

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