PPP Loan information for Finmarc management, inc.

$608,805

Finmarc management, inc. was initially approved for PPP Loan of amount $608,805, the current approved amount is $608,805. The loan was approved on 04/08/2020 by The City National Bank reported 32 jobs and $608,805 was used to fund payroll.

Finmarc management, inc. is Existing or more than 2 years old

FINMARC MANAGEMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FINMARC MANAGEMENT, INC.

Borrower Address

7200 WISCONSIN AVE STE 1100

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-4800

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608805.00

Current Approval Amount

608805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-4800

CD

MD-08

Jobs Reported

32

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20267.00

Payroll Proceed

482714.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

62474.00

Health Care Proceed

43350.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

615910.50

Forgiveness Date

06/24/2021

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