PPP Loan information for Forbes office equipment, inc.

$113,700

Forbes office equipment, inc. was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/07/2020 by The FNNB Bank reported 8 jobs and $113,700 was used to fund payroll.

Forbes office equipment, inc. is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Forbes office equipment, inc.

FORBES OFFICE EQUIPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FORBES OFFICE EQUIPMENT, INC.

Borrower Address

102 N 2ND AVE E

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-3237

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-3237

CD

IA-01

Jobs Reported

8

NAICS Code

453210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113700.00

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

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

114319.90

Forgiveness Date

11/03/2020

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