PPP Loan information for Forbes candies inc

$431,700

Forbes candies inc was initially approved for PPP Loan of amount $431,700, the current approved amount is $431,700. The loan was approved on 02/03/2021 by The TowneBank reported 46 jobs and $431,700 was used to fund payroll.

Forbes candies inc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Forbes candies inc

FORBES CANDIES INC

Date Approved

02/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FORBES CANDIES INC

Borrower Address

1300 Taylor Farm Rd

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23453-3141

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431700.00

Current Approval Amount

431700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23453-3141

CD

VA-02

Jobs Reported

46

NAICS Code

311340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431699.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436160.90

Forgiveness Date

02/17/2022

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