PPP Loan information for New forum inc

$587,900

New forum inc was initially approved for PPP Loan of amount $587,900, the current approved amount is $587,900. The loan was approved on 04/07/2020 by The United Community Bank reported 55 jobs and $587,900 was used to fund payroll.

New forum inc is Existing or more than 2 years old

NEW FORUM INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW FORUM INC

Borrower Address

9224 KINGS PARADE BLVD STE 2101

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28273-5729

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587900.00

Current Approval Amount

587900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28273-5729

CD

NC-14

Jobs Reported

55

NAICS Code

531120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587900.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

591198.77

Forgiveness Date

11/05/2020

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