Date Approved
04/09/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
FOREST PACKAGING CORPORATION
Borrower Address
1955 Estes Avenue
Borrower City
Elk Grove Village
Borrower State
IL
Borrower Zip
60007-5415
Loan Status Date
04/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
670137.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22749
Servicing Lender Name
Busey Bank
Servicing Lender Address
100 W University Ave
Servicing Lender City
CHAMPAIGN
Servicing Lender State
Servicing Lender Zip
61820-3910
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
CD
IL-03
Jobs Reported
49
NAICS Code
322211
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
676280.43
Forgiveness Date
03/08/2021