PPP Loan information for Forklift systems inc.

$995,701

Forklift systems inc. was initially approved for PPP Loan of amount $995,701, the current approved amount is $995,701. The loan was approved on 04/08/2020 by The First Horizon Bank reported 75 jobs and $995,701 was used to fund payroll.

Forklift systems inc. is Existing or more than 2 years old

PPP Loan Search / TN / NASHVILLE / Forklift systems inc.

FORKLIFT SYSTEMS INC.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FORKLIFT SYSTEMS INC.

Borrower Address

884 ELM HILL PIKE

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37210-2849

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

995701.00

Current Approval Amount

995701.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37210-2849

CD

TN-05

Jobs Reported

75

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

907701.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

8000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1006515.42

Forgiveness Date

05/21/2021

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