PPP Loan information for Forward electric, inc.

$1,134,182

Forward electric, inc. was initially approved for PPP Loan of amount $1,134,182, the current approved amount is $1,134,182. The loan was approved on 04/08/2020 by The First Business Bank reported 54 jobs and $1,134,182 was used to fund payroll.

Forward electric, inc. is Existing or more than 2 years old

PPP Loan Search / WI / MADISON / Forward electric, inc.

FORWARD ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FORWARD ELECTRIC, INC.

Borrower Address

6909 Raywood Rd

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53713-1532

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1134182.00

Current Approval Amount

1134182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53713-1532

CD

WI-02

Jobs Reported

54

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1134182.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1141546.41

Forgiveness Date

12/15/2020

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