PPP Loan information for Forrest machine products co, ltd.

$433,230

Forrest machine products co, ltd. was initially approved for PPP Loan of amount $433,230, the current approved amount is $433,230. The loan was approved on 04/09/2020 by The The Park National Bank reported 35 jobs and $433,230 was used to fund payroll.

Forrest machine products co, ltd. is Existing or more than 2 years old

FORREST MACHINE PRODUCTS CO, LTD.

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FORREST MACHINE PRODUCTS CO, LTD.

Borrower Address

139 ILLINOIS AVE S

Borrower City

MANSFIELD

Borrower State

OH

Borrower Zip

44905-2541

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433230.00

Current Approval Amount

433230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANSFIELD

Project County Name

RICHLAND

Project State

OH

Project Zip

44905-2541

CD

OH-04

Jobs Reported

35

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15300.00

Payroll Proceed

349830.00

Mortgage Interest Proceed

0.00

Rent Proceed

8300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

54400.00

Debt Interest Proceed

5400

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

436719.58

Forgiveness Date

02/11/2021

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