PPP Loan information for Foreco inc.

$90,000

Foreco inc. was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 04/30/2020 by The Merchants Commercial Bank reported 8 jobs and $90,000 was used to fund payroll.

Foreco inc. is Existing or more than 2 years old

PPP Loan Search / VI / St. John / Foreco inc.

FORECO INC.

Date Approved

04/30/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

FORECO INC.

Borrower Address

5000 Est. Enighed PMB 157

Borrower City

St. John

Borrower State

VI

Borrower Zip

00830-6120

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. John

Project County Name

SAINT JOHN

Project State

VI

Project Zip

00830-6120

CD

VI-

Jobs Reported

8

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90690.00

Forgiveness Date

02/23/2021

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