PPP Loan information for Foreit management & business development, inc.

$49,900

Foreit management & business development, inc. was initially approved for PPP Loan of amount $49,900, the current approved amount is $49,900. The loan was approved on 04/27/2020 by The American Community Bank of Indiana reported 3 jobs and $49,900 was used to fund payroll.

Foreit management & business development, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MUNSTER / Foreit management & business development, inc.

FOREIT MANAGEMENT & BUSINESS DEVELOPMENT, INC.

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FOREIT MANAGEMENT & BUSINESS DEVELOPMENT, INC.

Borrower Address

1842 ALTA VISTA AVE

Borrower City

MUNSTER

Borrower State

IN

Borrower Zip

46321-2043

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49900.00

Current Approval Amount

49900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNSTER

Project County Name

LAKE

Project State

IN

Project Zip

46321-2043

CD

IN-01

Jobs Reported

3

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2495.00

Payroll Proceed

42415.00

Mortgage Interest Proceed

4990.00

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

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50231.28

Forgiveness Date

12/31/2020

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