PPP Loan information for Forsgren, incorporated

$1,575,200

Forsgren, incorporated was initially approved for PPP Loan of amount $1,575,200, the current approved amount is $1,575,200. The loan was approved on 04/09/2020 by The The First National Bank of Fort Smith reported 229 jobs and $1,575,200 was used to fund payroll.

Forsgren, incorporated is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Forsgren, incorporated

FORSGREN, INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FORSGREN, INCORPORATED

Borrower Address

3000 North 23rd Street

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72904-3304

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1575200.00

Current Approval Amount

1575200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72904-3304

CD

AR-03

Jobs Reported

229

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1575200.00

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

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1584521.73

Forgiveness Date

11/19/2020

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