PPP Loan information for Forrest properties, inc.

$140,000

Forrest properties, inc. was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 04/27/2020 by The Western Commerce Bank reported 69 jobs and $140,000 was used to fund payroll.

Forrest properties, inc. is Existing or more than 2 years old

PPP Loan Search / NM / CARLSBAD / Forrest properties, inc.

FORREST PROPERTIES, INC.

Date Approved

04/27/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FORREST PROPERTIES, INC.

Borrower Address

609 ELORA DR

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-4657

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

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

69

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

141419.18

Forgiveness Date

05/13/2021

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