PPP Loan information for Forged components inc

$4,200,000

Forged components inc was initially approved for PPP Loan of amount $4,200,000, the current approved amount is $4,200,000. The loan was approved on 04/07/2020 by The Cadence Bank reported 280 jobs and $4,200,000 was used to fund payroll.

Forged components inc is Existing or more than 2 years old

PPP Loan Search / TX / HUMBLE / Forged components inc

FORGED COMPONENTS INC

Date Approved

04/07/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

FORGED COMPONENTS INC

Borrower Address

14527 SMITH RD

Borrower City

HUMBLE

Borrower State

TX

Borrower Zip

77396-2748

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4200000.00

Current Approval Amount

4200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBLE

Project County Name

HARRIS

Project State

TX

Project Zip

77396-2748

CD

TX-02

Jobs Reported

280

NAICS Code

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4147153.00

Mortgage Interest Proceed

0.00

Rent Proceed

52847.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4247366.67

Forgiveness Date

06/11/2021

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