PPP Loan information for Forte industries inc

$176,000

Forte industries inc was initially approved for PPP Loan of amount $176,000, the current approved amount is $176,000. The loan was approved on 01/16/2021 by The First National Bank & Trust Co reported 21 jobs and $176,000 was used to fund payroll.

Forte industries inc is Existing or more than 2 years old

PPP Loan Search / MI / Stephenson / Forte industries inc

FORTE INDUSTRIES INC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FORTE INDUSTRIES INC

Borrower Address

N8076 US Highway 41

Borrower City

Stephenson

Borrower State

MI

Borrower Zip

49887-9008

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176000.00

Current Approval Amount

176000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stephenson

Project County Name

MENOMINEE

Project State

MI

Project Zip

49887-9008

CD

MI-01

Jobs Reported

21

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176000.00

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

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

176761.86

Forgiveness Date

06/29/2021

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