PPP Loan information for Forberg scientific, inc.

$1,426,263

Forberg scientific, inc. was initially approved for PPP Loan of amount $1,426,263, the current approved amount is $1,426,263. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 91 jobs and $1,426,263 was used to fund payroll.

Forberg scientific, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Forberg scientific, inc.

FORBERG SCIENTIFIC, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORBERG SCIENTIFIC, INC.

Borrower Address

2719 INDUSTRIAL ROW DRIVE

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1426262.50

Current Approval Amount

1426262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

91

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1426262.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1436919.85

Forgiveness Date

01/20/2021

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