PPP Loan information for Servefed inc.
$1,503,180
Servefed inc. was initially approved for PPP Loan of amount $1,503,180, the current approved amount is $1,503,180. The loan was approved on 04/20/2021 by The Truist Bank reported 163 jobs and $1,503,180 was used to fund payroll.
Servefed inc. is Existing or more than 2 years old
SERVEFED INC.
Date Approved
04/20/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
SERVEFED INC.
Borrower Address
20410 Century Blvd Ste 205
Borrower City
Germantown
Borrower State
MD
Borrower Zip
20874-1230
Loan Status Date
05/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1503180.00
Current Approval Amount
1503180.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Germantown
Project County Name
MONTGOMERY
Project State
MD
Project Zip
20874-1230
CD
MD-06
Jobs Reported
163
NAICS Code
541611
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1503177.00
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
225134
Originating Lender
Truist Bank
Originating Lender City
CHARLOTTE
Originating Lender State
NC
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1518086.53
Forgiveness Date
04/14/2022