PPP Loan information for Silverback strategies inc

$743,000

Silverback strategies inc was initially approved for PPP Loan of amount $743,000, the current approved amount is $743,000. The loan was approved on 04/05/2020 by The MainStreet Bank reported 45 jobs and $743,000 was used to fund payroll.

Silverback strategies inc is Existing or more than 2 years old

SILVERBACK STRATEGIES INC

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SILVERBACK STRATEGIES INC

Borrower Address

625 N Washington St

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22314-1913

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

743000.00

Current Approval Amount

743000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-1913

CD

VA-08

Jobs Reported

45

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

743000.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

748027.97

Forgiveness Date

12/22/2020

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