PPP Loan information for Forroak, inc.

$57,200

Forroak, inc. was initially approved for PPP Loan of amount $57,200, the current approved amount is $57,200. The loan was approved on 04/09/2020 by The Centier Bank reported 25 jobs and $57,200 was used to fund payroll.

Forroak, inc. is Existing or more than 2 years old

PPP Loan Search / IN / RENSSELAER / Forroak, inc.

FORROAK, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FORROAK, INC.

Borrower Address

8790 STATE ROAD 114

Borrower City

RENSSELAER

Borrower State

IN

Borrower Zip

47978-8812

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57200.00

Current Approval Amount

57200.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen Operating Agreement

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENSSELAER

Project County Name

JASPER

Project State

IN

Project Zip

47978-8812

CD

IN-04

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57200.00

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

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57557.30

Forgiveness Date

12/09/2020

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