PPP Loan information for Forest city auto electric co

$116,000

Forest city auto electric co was initially approved for PPP Loan of amount $116,000, the current approved amount is $116,000. The loan was approved on 04/28/2020 by The Associated Bank, National Association reported 11 jobs and $116,000 was used to fund payroll.

Forest city auto electric co is Existing or more than 2 years old

FOREST CITY AUTO ELECTRIC CO

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FOREST CITY AUTO ELECTRIC CO

Borrower Address

1211 23RD AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-7160

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

116000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7160

CD

IL-17

Jobs Reported

11

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116000.00

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

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117411.07

Forgiveness Date

07/19/2021

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