PPP Loan information for Fesan corporation

$69,400

Fesan corporation was initially approved for PPP Loan of amount $69,400, the current approved amount is $69,400. The loan was approved on 04/16/2020 by The Sandy Spring Bank reported 8 jobs and $69,400 was used to fund payroll.

Fesan corporation is Existing or more than 2 years old

FESAN CORPORATION

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FESAN CORPORATION

Borrower Address

1425 University Blvd E, Suite 139

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20783

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69400.00

Current Approval Amount

69400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20783-1000

CD

MD-04

Jobs Reported

8

NAICS Code

722513

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

17350.00

Payroll Proceed

52050.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70074.99

Forgiveness Date

04/14/2021

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