PPP Loan information for Forever labs, inc.

$187,500

Forever labs, inc. was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $187,500 was used to fund payroll.

Forever labs, inc. is Existing or more than 2 years old

FOREVER LABS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOREVER LABS, INC.

Borrower Address

600 S Wagner Rd

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48103

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-0100

CD

MI-06

Jobs Reported

12

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189878.54

Forgiveness Date

08/11/2021

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