PPP Loan information for Servefed inc.

$1,503,180

Servefed inc. was initially approved for PPP Loan of amount $1,503,180, the current approved amount is $1,503,180. The loan was approved on 04/20/2021 by The Truist Bank reported 163 jobs and $1,503,180 was used to fund payroll.

Servefed inc. is Existing or more than 2 years old

PPP Loan Search / MD / Germantown / Servefed inc.

SERVEFED INC.

Date Approved

04/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SERVEFED INC.

Borrower Address

20410 Century Blvd Ste 205

Borrower City

Germantown

Borrower State

MD

Borrower Zip

20874-1230

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1503180.00

Current Approval Amount

1503180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-1230

CD

MD-06

Jobs Reported

163

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1503177.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1518086.53

Forgiveness Date

04/14/2022

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