PPP Loan information for Federal investment trust #1

$50,180

Federal investment trust #1 was initially approved for PPP Loan of amount $50,180, the current approved amount is $50,180. The loan was approved on 03/17/2021 by The Digital FCU reported 5 jobs and $50,180 was used to fund payroll.

Federal investment trust #1 is Existing or more than 2 years old

FEDERAL INVESTMENT TRUST #1

Date Approved

03/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FEDERAL INVESTMENT TRUST #1

Borrower Address

200 Great Rd Ste 253

Borrower City

Bedford

Borrower State

MA

Borrower Zip

01730-2718

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50180.00

Current Approval Amount

50180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-2718

CD

MA-06

Jobs Reported

5

NAICS Code

531190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50180.00

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

Trust

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50408.60

Forgiveness Date

09/07/2021

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