PPP Loan information for Forman automotive inc.

$1,735,000

Forman automotive inc. was initially approved for PPP Loan of amount $1,735,000, the current approved amount is $1,735,000. The loan was approved on 04/05/2020 by The West Valley National Bank reported 175 jobs and $1,735,000 was used to fund payroll.

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

PPP Loan Search / NV / LAS VEGAS / Forman automotive inc.

FORMAN AUTOMOTIVE INC.

Date Approved

04/05/2020

SBA Office Code

0944

Processing Method

PPP

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

24

SBA Guaranty Percentage

100

Initial Approval Amount

1735000.00

Current Approval Amount

1735000.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

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

0.00

Payroll Proceed

1735000.00

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

1758181.53

Forgiveness Date

08/05/2021

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