PPP Loan information for Gene m forbes enterprises inc

$1,812,100

Gene m forbes enterprises inc was initially approved for PPP Loan of amount $1,812,100, the current approved amount is $1,812,100. The loan was approved on 04/13/2020 by The Summit Community Bank, Inc. reported 500 jobs and $1,812,100 was used to fund payroll.

Gene m forbes enterprises inc is Existing or more than 2 years old

PPP Loan Search / VA / TAZEWELL / Gene m forbes enterprises inc

GENE M FORBES ENTERPRISES INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GENE M FORBES ENTERPRISES INC

Borrower Address

120 MCDONALDS ST

Borrower City

TAZEWELL

Borrower State

VA

Borrower Zip

24651-9326

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1812100.00

Current Approval Amount

1812100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TAZEWELL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24651-9326

CD

VA-09

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1450000.00

Mortgage Interest Proceed

262100.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1829365.29

Forgiveness Date

03/31/2021

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