PPP Loan information for Forman automotive inc.

$1,736,748

Forman automotive inc. was initially approved for PPP Loan of amount $1,736,748, the current approved amount is $1,736,748. The loan was approved on 02/06/2021 by The West Valley National Bank reported 175 jobs and $1,736,748 was used to fund payroll.

Forman automotive inc. is Existing or more than 2 years old

FORMAN AUTOMOTIVE INC.

Date Approved

02/06/2021

SBA Office Code

0944

Processing Method

PPS

Borrower Name

FORMAN AUTOMOTIVE INC.

Borrower Address

3025 E Sahara Ave

Borrower City

Las Vegas

Borrower State

NV

Borrower Zip

89104-4315

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1736747.65

Current Approval Amount

1736747.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444981

Servicing Lender Name

West Valley National Bank

Servicing Lender Address

2440 N Litchfield Rd, Ste 100

Servicing Lender City

GOODYEAR

Servicing Lender State

AZ

Servicing Lender Zip

85395-1663

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Las Vegas

Project County Name

CLARK

Project State

NV

Project Zip

89104-4315

CD

NV-01

Jobs Reported

175

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1736745.65

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

444981

Originating Lender

West Valley National Bank

Originating Lender City

GOODYEAR

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1746589.22

Forgiveness Date

09/07/2021

;