PPP Loan information for Forest products, inc

$339,700

Forest products, inc was initially approved for PPP Loan of amount $408,700, the current approved amount is $339,700. The loan was approved on 04/03/2020 by The Cumberland Valley National Bank & Trust Company reported 46 jobs and $339,700 was used to fund payroll.

Forest products, inc is Existing or more than 2 years old

PPP Loan Search / KY / GRAY / Forest products, inc

FOREST PRODUCTS, INC

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FOREST PRODUCTS, INC

Borrower Address

7055 Crossroad Dr

Borrower City

GRAY

Borrower State

KY

Borrower Zip

40734-0280

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408700.00

Current Approval Amount

339700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAY

Project County Name

KNOX

Project State

KY

Project Zip

40734-0280

CD

KY-05

Jobs Reported

46

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38000.00

Payroll Proceed

301700.00

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

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343219.67

Forgiveness Date

04/23/2021

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