PPP Loan information for Forest city economic development inc

$19,540

Forest city economic development inc was initially approved for PPP Loan of amount $19,540, the current approved amount is $19,540. The loan was approved on 05/18/2021 by The Manufacturers Bank & Trust Company reported 2 jobs and $19,540 was used to fund payroll.

Forest city economic development inc is Existing or more than 2 years old

PPP Loan Search / IA / Forest City / Forest city economic development inc

FOREST CITY ECONOMIC DEVELOPMENT INC

Date Approved

05/18/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

FOREST CITY ECONOMIC DEVELOPMENT INC

Borrower Address

145 S Clark St

Borrower City

Forest City

Borrower State

IA

Borrower Zip

50436-1764

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19540.00

Current Approval Amount

19540.00

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

WINNEBAGO

Project State

IA

Project Zip

50436-1764

CD

IA-04

Jobs Reported

2

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19538.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

19623.59

Forgiveness Date

10/25/2021

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