PPP Loan information for Forney industries inc

$1,880,700

Forney industries inc was initially approved for PPP Loan of amount $1,880,700, the current approved amount is $1,880,700. The loan was approved on 04/07/2020 by The Independent Bank reported 178 jobs and $1,880,700 was used to fund payroll.

Forney industries inc is Existing or more than 2 years old

FORNEY INDUSTRIES INC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

FORNEY INDUSTRIES INC

Borrower Address

2057 VERMONT DR.

Borrower City

FORT COLLINS

Borrower State

CO

Borrower Zip

80525-2913

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1880700.00

Current Approval Amount

1880700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT COLLINS

Project County Name

LARIMER

Project State

CO

Project Zip

80525-2913

CD

CO-02

Jobs Reported

178

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1880700.00

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

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1900029.42

Forgiveness Date

04/22/2021

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