PPP Loan information for Forbes air cargo inc

$269,950

Forbes air cargo inc was initially approved for PPP Loan of amount $269,950, the current approved amount is $269,950. The loan was approved on 01/22/2021 by The Old National Bank reported 16 jobs and $269,950 was used to fund payroll.

Forbes air cargo inc is Existing or more than 2 years old

FORBES AIR CARGO INC

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

FORBES AIR CARGO INC

Borrower Address

12161 S Central Ave

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-3405

Loan Status Date

08/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269950.00

Current Approval Amount

269950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-3405

CD

IL-06

Jobs Reported

16

NAICS Code

484122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269948.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271509.71

Forgiveness Date

08/19/2021

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