PPP Loan information for Forbes oil l.l.c.

$149,000

Forbes oil l.l.c. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 02/04/2021 by The TruStar FCU reported 10 jobs and $149,000 was used to fund payroll.

Forbes oil l.l.c. is Existing or more than 2 years old

PPP Loan Search / MN / Park Rapids / Forbes oil l.l.c.

FORBES OIL L.L.C.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FORBES OIL L.L.C.

Borrower Address

56306 County Highway 44

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470-4085

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99703

Servicing Lender Name

TruStar FCU

Servicing Lender Address

601 4th St

Servicing Lender City

INTERNATIONAL FALLS

Servicing Lender State

MN

Servicing Lender Zip

56649-2436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Rapids

Project County Name

BECKER

Project State

MN

Project Zip

56470-4085

CD

MN-07

Jobs Reported

10

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148997.00

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

99703

Originating Lender

TruStar FCU

Originating Lender City

INTERNATIONAL FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150825.25

Forgiveness Date

04/26/2022

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