PPP Loan information for Forest dale motors inc

$30,000

Forest dale motors inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/30/2020 by The Bank OZK reported 6 jobs and $30,000 was used to fund payroll.

Forest dale motors inc is Existing or more than 2 years old

FOREST DALE MOTORS INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FOREST DALE MOTORS INC

Borrower Address

822 W Main Street

Borrower City

Forest City

Borrower State

NC

Borrower Zip

28043-2516

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4426

Servicing Lender Name

Bank OZK

Servicing Lender Address

18000 Cantrell Rd

Servicing Lender City

LITTLE ROCK

Servicing Lender State

AR

Servicing Lender Zip

72223-9729

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest City

Project County Name

RUTHERFORD

Project State

NC

Project Zip

28043-2516

CD

NC-10

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

4426

Originating Lender

Bank OZK

Originating Lender City

LITTLE ROCK

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30424.93

Forgiveness Date

10/07/2021

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