PPP Loan information for Forbears llc

$406,584

Forbears llc was initially approved for PPP Loan of amount $406,584, the current approved amount is $406,584. The loan was approved on 01/27/2021 by The Citizens Bank Minnesota reported 40 jobs and $406,584 was used to fund payroll.

Forbears llc is Existing or more than 2 years old

PPP Loan Search / MN / Lakeville / Forbears llc

FORBEARS LLC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FORBEARS LLC

Borrower Address

20800 Kenrick Ave

Borrower City

Lakeville

Borrower State

MN

Borrower Zip

55044-8201

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406584.00

Current Approval Amount

406584.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lakeville

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-8201

CD

MN-02

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

406582.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410401.37

Forgiveness Date

01/06/2022

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