PPP Loan information for The federal group inc.

$519,172

The federal group inc. was initially approved for PPP Loan of amount $519,172, the current approved amount is $519,172. The loan was approved on 03/01/2021 by The United Bank reported 15 jobs and $519,172 was used to fund payroll.

The federal group inc. is Existing or more than 2 years old

PPP Loan Search / WV / Shepherdstown / The federal group inc.

THE FEDERAL GROUP INC.

Date Approved

03/01/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

THE FEDERAL GROUP INC.

Borrower Address

233 Lowe Dr

Borrower City

Shepherdstown

Borrower State

WV

Borrower Zip

25443-9602

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519172.00

Current Approval Amount

519172.00

Undisbursed Amount

0.00

Franchise Name

Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shepherdstown

Project County Name

JEFFERSON

Project State

WV

Project Zip

25443-9602

CD

WV-02

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519169.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

260456.38

Forgiveness Date

07/21/2022

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