PPP Loan information for Forest products inc.

$344,210

Forest products inc. was initially approved for PPP Loan of amount $344,210, the current approved amount is $344,210. The loan was approved on 05/11/2021 by The Cumberland Valley National Bank & Trust Company reported 45 jobs and $344,210 was used to fund payroll.

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

FOREST PRODUCTS INC.

Date Approved

05/11/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

FOREST PRODUCTS INC.

Borrower Address

940 S Ky 223

Borrower City

Gray

Borrower State

KY

Borrower Zip

40734

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344210.00

Current Approval Amount

344210.00

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

CD

KY-05

Jobs Reported

45

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

344210.00

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

345749.38

Forgiveness Date

10/22/2021

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