Folium, Inc.

$2,985,000 PPP Loan in Chambersburg, Pennsylvania

Loan Details

Loan Number: 9157037100
Date Approved: Apr 15, 2020
Loan Status: Paid in Full
Initial Approval: $2,985,000
Current Approval: $2,985,000
Forgiveness Amount: $3,027,362
Forgiveness Date: Sep 24, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Folium, Inc.
Address: 7564 Browns Mill Road
City: Chambersburg
State: Pennsylvania
ZIP Code: 17202
Business Type: Non-Profit Organization
Industry (NAICS): Health Care and Social Assistance (621330)
Business Age: Existing or more than 2 years old
Jobs Reported: 313
Estimated Revenue: N/A (non-profit)
Non-Profit: Yes
Rural/Urban: Rural
Congressional District: PA-13

Loan Use Breakdown

Payroll: $2,614,703
Rent: $9,000
Utilities: $42,800
Health Care: $314,497
Mortgage Interest: $4,000

Lender Information

Servicing Lender: Manufacturers and Traders Trust Company
Originating Lender: Manufacturers and Traders Trust Company

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