PPP Loan information for Fortson inc

$20,500

Fortson inc was initially approved for PPP Loan of amount $20,500, the current approved amount is $20,500. The loan was approved on 04/06/2020 by The CedarStone Bank reported 10 jobs and $20,500 was used to fund payroll.

Fortson inc is Existing or more than 2 years old

FORTSON INC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FORTSON INC

Borrower Address

222 WILKINSON LN

Borrower City

WHITE HOUSE

Borrower State

TN

Borrower Zip

37188-9111

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20500.00

Current Approval Amount

20500.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

378043

Servicing Lender Name

CedarStone Bank

Servicing Lender Address

900 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3410

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE HOUSE

Project County Name

ROBERTSON

Project State

TN

Project Zip

37188-9111

CD

TN-06

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

378043

Originating Lender

CedarStone Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20638.38

Forgiveness Date

12/09/2020

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