PPP Loan information for Fedcorp, inc

$504,690

Fedcorp, inc was initially approved for PPP Loan of amount $504,690, the current approved amount is $504,690. The loan was approved on 04/27/2020 by The Alabama CU reported 58 jobs and $504,690 was used to fund payroll.

Fedcorp, inc is Existing or more than 2 years old

FEDCORP, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FEDCORP, INC

Borrower Address

2169 Stanton Rd Ste 100

Borrower City

DAPHNE

Borrower State

AL

Borrower Zip

36526-5140

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504690.00

Current Approval Amount

504690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90799

Servicing Lender Name

Alabama CU

Servicing Lender Address

909 Anna Ave

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35401-2013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAPHNE

Project County Name

BALDWIN

Project State

AL

Project Zip

36526-5140

CD

AL-01

Jobs Reported

58

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

504690.00

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

90799

Originating Lender

Alabama CU

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510325.71

Forgiveness Date

06/11/2021

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