PPP Loan information for Forestry mutual insurance company

$553,600

Forestry mutual insurance company was initially approved for PPP Loan of amount $553,600, the current approved amount is $553,600. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 32 jobs and $553,600 was used to fund payroll.

Forestry mutual insurance company is New Business or 2 years or less

FORESTRY MUTUAL INSURANCE COMPANY

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORESTRY MUTUAL INSURANCE COMPANY

Borrower Address

801 JONES FRANKLIN RD STE 100

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27606-3300

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553600.00

Current Approval Amount

553600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27606-3300

CD

NC-13

Jobs Reported

32

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553600.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

557259.91

Forgiveness Date

12/16/2020

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