PPP Loan information for Forrer excavating, inc.

$26,600

Forrer excavating, inc. was initially approved for PPP Loan of amount $26,600, the current approved amount is $26,600. The loan was approved on 03/13/2021 by The Merchants Bank of Indiana reported 4 jobs and $26,600 was used to fund payroll.

Forrer excavating, inc. is Existing or more than 2 years old

PPP Loan Search / IN / Alexandria / Forrer excavating, inc.

FORRER EXCAVATING, INC.

Date Approved

03/13/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FORRER EXCAVATING, INC.

Borrower Address

10590 N 450 W

Borrower City

Alexandria

Borrower State

IN

Borrower Zip

46001-8573

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26600.00

Current Approval Amount

26600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24315

Servicing Lender Name

Merchants Bank of Indiana

Servicing Lender Address

410 Monon Blvd

Servicing Lender City

CARMEL

Servicing Lender State

IN

Servicing Lender Zip

46032-6945

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

MADISON

Project State

IN

Project Zip

46001-8573

CD

IN-05

Jobs Reported

4

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26598.00

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

24315

Originating Lender

Merchants Bank of Indiana

Originating Lender City

CARMEL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26688.67

Forgiveness Date

07/14/2021

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