PPP Loan information for Forella group, llc

$370,555

Forella group, llc was initially approved for PPP Loan of amount $370,555, the current approved amount is $370,555. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 18 jobs and $370,555 was used to fund payroll.

Forella group, llc is Existing or more than 2 years old

FORELLA GROUP, LLC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORELLA GROUP, LLC

Borrower Address

5180 PARKSTONE DR

Borrower City

CHANTILLY

Borrower State

VA

Borrower Zip

20151-3814

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370555.00

Current Approval Amount

370555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANTILLY

Project County Name

FAIRFAX

Project State

VA

Project Zip

20151-3814

CD

VA-11

Jobs Reported

18

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30879.58

Payroll Proceed

277916.25

Mortgage Interest Proceed

30879.59

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

30879.58

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

373255.48

Forgiveness Date

01/25/2021

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