PPP Loan information for Forge speed, llc

$96,852

Forge speed, llc was initially approved for PPP Loan of amount $104,680, the current approved amount is $96,852. The loan was approved on 04/15/2020 by The The Park National Bank reported 11 jobs and $96,852 was used to fund payroll.

Forge speed, llc is New Business or 2 years or less

FORGE SPEED, LLC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORGE SPEED, LLC

Borrower Address

215 RACEWAY DR

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-6510

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104680.00

Current Approval Amount

96852.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-6510

CD

NC-10

Jobs Reported

11

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

96852.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97613.55

Forgiveness Date

02/10/2021

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