PPP Loan information for Forest city auto inc.

$50,700

Forest city auto inc. was initially approved for PPP Loan of amount $50,700, the current approved amount is $50,700. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 5 jobs and $50,700 was used to fund payroll.

Forest city auto inc. is Existing or more than 2 years old

PPP Loan Search / IA / FOREST CITY / Forest city auto inc.

FOREST CITY AUTO INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FOREST CITY AUTO INC.

Borrower Address

3250 Highway 69

Borrower City

FOREST CITY

Borrower State

IA

Borrower Zip

50436-8011

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50700.00

Current Approval Amount

50700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST CITY

Project County Name

HANCOCK

Project State

IA

Project Zip

50436-8011

CD

IA-04

Jobs Reported

5

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6323.00

Payroll Proceed

38037.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6340.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51116.87

Forgiveness Date

02/04/2021

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