PPP Loan information for Forestry systems, inc.

$248,200

Forestry systems, inc. was initially approved for PPP Loan of amount $248,200, the current approved amount is $248,200. The loan was approved on 04/08/2020 by The Bank of Oak Ridge reported 15 jobs and $248,200 was used to fund payroll.

Forestry systems, inc. is Unanswered

FORESTRY SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORESTRY SYSTEMS, INC.

Borrower Address

4104 Oak Ridge Rd.

Borrower City

SUMMERFIELD

Borrower State

NC

Borrower Zip

27358-8603

Loan Status Date

09/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248200.00

Current Approval Amount

248200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SUMMERFIELD

Project County Name

GUILFORD

Project State

NC

Project Zip

27358-8603

CD

NC-06

Jobs Reported

15

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248200.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250977.48

Forgiveness Date

06/03/2021

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