PPP Loan information for Forsys inc

$1,290,400

Forsys inc was initially approved for PPP Loan of amount $1,290,400, the current approved amount is $1,290,400. The loan was approved on 02/05/2021 by The Fremont Bank reported 45 jobs and $1,290,400 was used to fund payroll.

Forsys inc is Existing or more than 2 years old

FORSYS INC

Date Approved

02/05/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

FORSYS INC

Borrower Address

6036 Stevenson Blvd

Borrower City

Fremont

Borrower State

CA

Borrower Zip

94538-5250

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1290400.00

Current Approval Amount

1290400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5280

Servicing Lender Name

Fremont Bank

Servicing Lender Address

39150 Fremont Blvd

Servicing Lender City

FREMONT

Servicing Lender State

CA

Servicing Lender Zip

94538-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fremont

Project County Name

ALAMEDA

Project State

CA

Project Zip

94538-5250

CD

CA-17

Jobs Reported

45

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1290397.00

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

5280

Originating Lender

Fremont Bank

Originating Lender City

FREMONT

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1304506.02

Forgiveness Date

03/15/2022

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