PPP Loan information for Forest city motor company

$30,600

Forest city motor company was initially approved for PPP Loan of amount $30,600, the current approved amount is $30,600. The loan was approved on 04/08/2020 by The Stillman BancCorp N.A. reported 4 jobs and $30,600 was used to fund payroll.

Forest city motor company is Existing or more than 2 years old

FOREST CITY MOTOR COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FOREST CITY MOTOR COMPANY

Borrower Address

4800 E State St

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61108-2209

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30600.00

Current Approval Amount

30600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22671

Servicing Lender Name

Stillman BancCorp N.A.

Servicing Lender Address

101 E Main St

Servicing Lender City

STILLMAN VALLEY

Servicing Lender State

IL

Servicing Lender Zip

61084-9027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-2209

CD

IL-17

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30600.00

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

22671

Originating Lender

Stillman BancCorp N.A.

Originating Lender City

STILLMAN VALLEY

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22741.25

Forgiveness Date

11/27/2020

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