PPP Loan information for Foress group, inc

$172,100

Foress group, inc was initially approved for PPP Loan of amount $172,100, the current approved amount is $172,100. The loan was approved on 04/08/2020 by The Prairie Community Bank reported 15 jobs and $172,100 was used to fund payroll.

Foress group, inc is Existing or more than 2 years old

FORESS GROUP, INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FORESS GROUP, INC

Borrower Address

1233 RAND RD

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-3402

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172100.00

Current Approval Amount

172100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122256

Servicing Lender Name

Prairie Community Bank

Servicing Lender Address

800 W Grant Hwy

Servicing Lender City

MARENGO

Servicing Lender State

IL

Servicing Lender Zip

60152-3077

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-3402

CD

IL-05

Jobs Reported

15

NAICS Code

326299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172100.00

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

Subchapter S Corporation

Originating Lender Location Id

122256

Originating Lender

Prairie Community Bank

Originating Lender City

MARENGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174509.40

Forgiveness Date

09/07/2021

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