# PPP loan: FEDSCALEINC
> **$466K** approved 01/20/2021 · Paid in Full · Loan `1887488304`
## Borrower
- **Name:** FEDSCALEINC
- **Address:** 1 N Broad St, Luray, VA, 22835-1147
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $468K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $466K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*