PPP Loan information for Forman drug inc

$64,890

Forman drug inc was initially approved for PPP Loan of amount $64,890, the current approved amount is $64,890. The loan was approved on 04/14/2020 by The Stock Growers Bank reported 8 jobs and $64,890 was used to fund payroll.

Forman drug inc is Existing or more than 2 years old

PPP Loan Search / ND / FORMAN / Forman drug inc

FORMAN DRUG INC

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FORMAN DRUG INC

Borrower Address

330 Main Street

Borrower City

FORMAN

Borrower State

ND

Borrower Zip

58032-0009

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64890.00

Current Approval Amount

64890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52781

Servicing Lender Name

Stock Growers Bank

Servicing Lender Address

331 Main St

Servicing Lender City

FORMAN

Servicing Lender State

ND

Servicing Lender Zip

58032

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORMAN

Project County Name

SARGENT

Project State

ND

Project Zip

58032-0009

CD

ND-

Jobs Reported

8

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16222.50

Payroll Proceed

48667.50

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

52781

Originating Lender

Stock Growers Bank

Originating Lender City

FORMAN

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65225.27

Forgiveness Date

10/21/2020

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