PPP Loan information for Forsyth foods inc

$128,700

Forsyth foods inc was initially approved for PPP Loan of amount $128,700, the current approved amount is $128,700. The loan was approved on 04/09/2020 by The Truist Bank reported 32 jobs and $128,700 was used to fund payroll.

Forsyth foods inc is Existing or more than 2 years old

FORSYTH FOODS INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FORSYTH FOODS INC

Borrower Address

2810 KEITH BRIDGE RD

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30041-3935

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128700.00

Current Approval Amount

128700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-3935

CD

GA-06

Jobs Reported

32

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129933.38

Forgiveness Date

04/01/2021

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