PPP Loan information for Form wood industries, inc

$769,980

Form wood industries, inc was initially approved for PPP Loan of amount $769,980, the current approved amount is $769,980. The loan was approved on 04/06/2020 by The WesBanco Bank, Inc. reported 57 jobs and $769,980 was used to fund payroll.

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

FORM WOOD INDUSTRIES, INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FORM WOOD INDUSTRIES, INC

Borrower Address

1601 Production Road

Borrower City

JEFFERSONVILLE

Borrower State

IN

Borrower Zip

47130-9624

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

769980.00

Current Approval Amount

769980.00

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

57

NAICS Code

321211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

577485.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

192495.00

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

774705.36

Forgiveness Date

11/25/2020

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