PPP Loan information for Fosbel, inc.

$1,557,872

Fosbel, inc. was initially approved for PPP Loan of amount $1,557,872, the current approved amount is $1,557,872. The loan was approved on 04/09/2020 by The Valley National Bank reported 76 jobs and $1,557,872 was used to fund payroll.

Fosbel, inc. is New Business or 2 years or less

PPP Loan Search / OH / BROOKPARK / Fosbel, inc.

FOSBEL, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FOSBEL, INC.

Borrower Address

20600 SHELDON RD

Borrower City

BROOKPARK

Borrower State

OH

Borrower Zip

44142-1319

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1557872.00

Current Approval Amount

1557872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BROOKPARK

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-1319

CD

OH-07

Jobs Reported

76

NAICS Code

324199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1557872.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1572325.59

Forgiveness Date

03/18/2021

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