PPP Loan information for Forrester construction

$1,900,000

Forrester construction was initially approved for PPP Loan of amount $2,103,887, the current approved amount is $1,900,000. The loan was approved on 04/07/2020 by The Truist Bank reported 499 jobs and $1,900,000 was used to fund payroll.

Forrester construction is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Forrester construction

FORRESTER CONSTRUCTION

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORRESTER CONSTRUCTION

Borrower Address

12231 PARKLAWN DR

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-1723

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2103887.00

Current Approval Amount

1900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1723

CD

MD-08

Jobs Reported

499

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1900000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1920794.44

Forgiveness Date

05/21/2021

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