PPP Loan information for Federal erp inc

$187,858

Federal erp inc was initially approved for PPP Loan of amount $187,858, the current approved amount is $187,858. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $187,858 was used to fund payroll.

Federal erp inc is New Business or 2 years or less

PPP Loan Search / VA / MC LEAN / Federal erp inc

FEDERAL ERP INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FEDERAL ERP INC

Borrower Address

6501 BYRNES DR

Borrower City

MC LEAN

Borrower State

VA

Borrower Zip

22101-5209

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187858.00

Current Approval Amount

187858.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MC LEAN

Project County Name

FAIRFAX

Project State

VA

Project Zip

22101-5209

CD

VA-08

Jobs Reported

8

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187858.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188980.00

Forgiveness Date

12/09/2020

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