PPP Loan information for Forrest investments inc.

$191,940

Forrest investments inc. was initially approved for PPP Loan of amount $191,940, the current approved amount is $191,940. The loan was approved on 02/02/2021 by The Western Commerce Bank reported 54 jobs and $191,940 was used to fund payroll.

Forrest investments inc. is Existing or more than 2 years old

PPP Loan Search / NM / Carlsbad / Forrest investments inc.

FORREST INVESTMENTS INC.

Date Approved

02/02/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FORREST INVESTMENTS INC.

Borrower Address

609 Elora Dr

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-4657

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191940.00

Current Approval Amount

191940.00

Undisbursed Amount

0.00

Franchise Name

La Quinta by Wyndham a.k.a. La Quinta Inn & Suites

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-4657

CD

NM-02

Jobs Reported

54

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

191938.00

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194316.90

Forgiveness Date

05/03/2022

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