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

$99,187

Forbes oil, l.l.c. was initially approved for PPP Loan of amount $99,187, the current approved amount is $99,187. The loan was approved on 04/08/2020 by The TruStar FCU reported 7 jobs and $99,187 was used to fund payroll.

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

FORBES OIL, L.L.C.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORBES OIL, L.L.C.

Borrower Address

56306 Co Hwy 44

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99187.00

Current Approval Amount

99187.00

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

HUBBARD

Project State

MN

Project Zip

56470-0001

CD

MN-07

Jobs Reported

7

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99185.00

Mortgage Interest Proceed

1.00

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

100459.90

Forgiveness Date

07/22/2021

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