PPP Loan information for Federal rentals corporation

$10,000

Federal rentals corporation was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 4 jobs and $10,000 was used to fund payroll.

Federal rentals corporation is New Business or 2 years or less

FEDERAL RENTALS CORPORATION

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FEDERAL RENTALS CORPORATION

Borrower Address

8 LONGMEADOW RD

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581-2406

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

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

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-2406

CD

MA-02

Jobs Reported

4

NAICS Code

532289

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6350.33

Forgiveness Date

06/24/2021

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