PPP Loan information for Futrend technology, inc.

$1,428,000

Futrend technology, inc. was initially approved for PPP Loan of amount $1,428,000, the current approved amount is $1,428,000. The loan was approved on 04/07/2020 by The United Bank reported 65 jobs and $1,428,000 was used to fund payroll.

Futrend technology, inc. is Existing or more than 2 years old

FUTREND TECHNOLOGY, INC.

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FUTREND TECHNOLOGY, INC.

Borrower Address

8605 WESTWOOD CENTER DR SUITE 502

Borrower City

VIENNA

Borrower State

VA

Borrower Zip

22182-2231

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1428000.00

Current Approval Amount

1428000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIENNA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-2231

CD

VA-11

Jobs Reported

65

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1428000.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1439582.67

Forgiveness Date

02/09/2021

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