PPP Loan information for Forty west designs, inc

$310,100

Forty west designs, inc was initially approved for PPP Loan of amount $310,100, the current approved amount is $310,100. The loan was approved on 04/07/2020 by The Decatur County Bank reported 40 jobs and $310,100 was used to fund payroll.

Forty west designs, inc is Existing or more than 2 years old

FORTY WEST DESIGNS, INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FORTY WEST DESIGNS, INC

Borrower Address

52 RAGLAND RD

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38305-4335

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310100.00

Current Approval Amount

310100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38305-4335

CD

TN-08

Jobs Reported

40

NAICS Code

423220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248080.00

Mortgage Interest Proceed

0.00

Rent Proceed

62020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314458.63

Forgiveness Date

08/30/2021

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