PPP Loan information for Forest energy corporation

$758,242

Forest energy corporation was initially approved for PPP Loan of amount $758,242, the current approved amount is $758,242. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 83 jobs and $758,242 was used to fund payroll.

Forest energy corporation is Existing or more than 2 years old

PPP Loan Search / AZ / SHOW LOW / Forest energy corporation

FOREST ENERGY CORPORATION

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

FOREST ENERGY CORPORATION

Borrower Address

1001 N 40TH STREET

Borrower City

SHOW LOW

Borrower State

AZ

Borrower Zip

85901

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758242.00

Current Approval Amount

758242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHOW LOW

Project County Name

NAVAJO

Project State

AZ

Project Zip

85901-0001

CD

AZ-02

Jobs Reported

83

NAICS Code

321912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

758242.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

766115.25

Forgiveness Date

05/21/2021

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