PPP Loan information for Forward cities

$346,142

Forward cities was initially approved for PPP Loan of amount $271,840, the current approved amount is $346,142. The loan was approved on 03/03/2021 by The Loan Source Incorporated reported 19 jobs and $346,142 was used to fund payroll.

Forward cities is Existing or more than 2 years old

FORWARD CITIES

Date Approved

03/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FORWARD CITIES

Borrower Address

411 W Chapel Hill St Ste C2 #22

Borrower City

Durham

Borrower State

NC

Borrower Zip

27701-3272

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

271840.20

Current Approval Amount

346142.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27701-3272

CD

NC-04

Jobs Reported

19

NAICS Code

813319

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346141.32

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

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

348864.04

Forgiveness Date

12/16/2021

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