PPP Loan information for Foreco inc

$88,995

Foreco inc was initially approved for PPP Loan of amount $88,995, the current approved amount is $88,995. The loan was approved on 03/04/2021 by The Merchants Commercial Bank reported 8 jobs and $88,995 was used to fund payroll.

Foreco inc is Existing or more than 2 years old

PPP Loan Search / VI / St John / Foreco inc

FORECO INC

Date Approved

03/04/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

FORECO INC

Borrower Address

5000 Est. Enighed PMB 157

Borrower City

St John

Borrower State

VI

Borrower Zip

00830

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88995.00

Current Approval Amount

88995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St John

Project County Name

SAINT JOHN

Project State

VI

Project Zip

00830

CD

VI-

Jobs Reported

8

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88993.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89390.53

Forgiveness Date

08/17/2021

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