PPP Loan information for Form wood industries inc

$695,438

Form wood industries inc was initially approved for PPP Loan of amount $695,438, the current approved amount is $695,438. The loan was approved on 01/20/2021 by The WesBanco Bank, Inc. reported 56 jobs and $695,438 was used to fund payroll.

Form wood industries inc is Existing or more than 2 years old

FORM WOOD INDUSTRIES INC

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

FORM WOOD INDUSTRIES INC

Borrower Address

1601 Production Rd

Borrower City

Jeffersonville

Borrower State

IN

Borrower Zip

47130-9624

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

695437.50

Current Approval Amount

695437.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jeffersonville

Project County Name

CLARK

Project State

IN

Project Zip

47130-9624

CD

IN-09

Jobs Reported

56

NAICS Code

321211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

695433.50

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

Subchapter S Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

698505.05

Forgiveness Date

07/06/2021

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