PPP Loan information for Foreman brothers inc

$1,195,307

Foreman brothers inc was initially approved for PPP Loan of amount $1,195,307, the current approved amount is $1,195,307. The loan was approved on 04/30/2020 by The The Huntington National Bank reported 79 jobs and $1,195,307 was used to fund payroll.

Foreman brothers inc is Existing or more than 2 years old

FOREMAN BROTHERS INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOREMAN BROTHERS INC

Borrower Address

1799 14TH ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48216

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1195307.00

Current Approval Amount

1195307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48216-0001

CD

MI-13

Jobs Reported

79

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1195307.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1206761.78

Forgiveness Date

04/19/2021

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