PPP Loan information for Forrests music inc.

$98,348

Forrests music inc. was initially approved for PPP Loan of amount $104,710, the current approved amount is $98,348. The loan was approved on 04/15/2020 by The Mechanics Bank reported 7 jobs and $98,348 was used to fund payroll.

Forrests music inc. is New Business or 2 years or less

PPP Loan Search / CA / BERKELEY / Forrests music inc.

FORRESTS MUSIC INC.

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

FORRESTS MUSIC INC.

Borrower Address

1849 UNIVERSITY AVE

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94703

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104710.00

Current Approval Amount

98348.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94703-0001

CD

CA-12

Jobs Reported

7

NAICS Code

811490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98348.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

99214.01

Forgiveness Date

03/11/2021

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