PPP Loan information for Forman inc

$239,985

Forman inc was initially approved for PPP Loan of amount $239,985, the current approved amount is $239,985. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $239,985 was used to fund payroll.

Forman inc is Existing or more than 2 years old

FORMAN INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FORMAN INC

Borrower Address

2036 LORD BALTIMORE DR

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21244

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239985.00

Current Approval Amount

239985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21244-0100

CD

MD-02

Jobs Reported

14

NAICS Code

424130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

201023.00

Mortgage Interest Proceed

0.00

Rent Proceed

14286.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16676.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241536.68

Forgiveness Date

12/15/2020

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