PPP Loan information for Fordice construction company

$623,700

Fordice construction company was initially approved for PPP Loan of amount $623,700, the current approved amount is $623,700. The loan was approved on 04/06/2020 by The RiverHills Bank reported 45 jobs and $623,700 was used to fund payroll.

Fordice construction company is Existing or more than 2 years old

FORDICE CONSTRUCTION COMPANY

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FORDICE CONSTRUCTION COMPANY

Borrower Address

1798 HIGHWAY 27

Borrower City

VICKSBURG

Borrower State

MS

Borrower Zip

39180-8637

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

623700.00

Current Approval Amount

623700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39691

Servicing Lender Name

RiverHills Bank

Servicing Lender Address

1400 Hwy 61 N

Servicing Lender City

VICKSBURG

Servicing Lender State

MS

Servicing Lender Zip

39183-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICKSBURG

Project County Name

WARREN

Project State

MS

Project Zip

39180-8637

CD

MS-02

Jobs Reported

45

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

605700.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39691

Originating Lender

RiverHills Bank

Originating Lender City

VICKSBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

627303.60

Forgiveness Date

11/05/2020

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