PPP Loan information for Forbis insurance

$20,800

Forbis insurance was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/16/2020 by The Bank of Holly Springs reported 7 jobs and $20,800 was used to fund payroll.

Forbis insurance is Existing or more than 2 years old

FORBIS INSURANCE

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FORBIS INSURANCE

Borrower Address

5050 POPLAR AVENUE

Borrower City

MEMHIS

Borrower State

TN

Borrower Zip

38157

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39223

Servicing Lender Name

Bank of Holly Springs

Servicing Lender Address

970 Hwy 7 S

Servicing Lender City

HOLLY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

38635-9174

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38157-0101

CD

TN-08

Jobs Reported

7

NAICS Code

523999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

39223

Originating Lender

Bank of Holly Springs

Originating Lender City

HOLLY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20964.09

Forgiveness Date

01/27/2021

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