PPP Loan information for Fortune companies inc

$280,295

Fortune companies inc was initially approved for PPP Loan of amount $280,295, the current approved amount is $280,295. The loan was approved on 02/09/2021 by The First Farmers Bank & Trust Co. reported 33 jobs and $280,295 was used to fund payroll.

Fortune companies inc is Existing or more than 2 years old

FORTUNE COMPANIES INC

Date Approved

02/09/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

FORTUNE COMPANIES INC

Borrower Address

329 N Main St

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46901-4621

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280295.00

Current Approval Amount

280295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46901-4621

CD

IN-05

Jobs Reported

33

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

280289.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282813.82

Forgiveness Date

01/12/2022

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