PPP Loan information for Forever mechanical hvac/r inc.

$120,540

Forever mechanical hvac/r inc. was initially approved for PPP Loan of amount $120,540, the current approved amount is $120,540. The loan was approved on 02/08/2021 by The Cornerstone Bank reported 8 jobs and $120,540 was used to fund payroll.

Forever mechanical hvac/r inc. is Existing or more than 2 years old

FOREVER MECHANICAL HVAC/R INC.

Date Approved

02/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FOREVER MECHANICAL HVAC/R INC.

Borrower Address

90 Madison St Ste 610

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01608-2030

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120540.00

Current Approval Amount

120540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01608-2030

CD

MA-02

Jobs Reported

8

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120540.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120988.68

Forgiveness Date

06/25/2021

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