PPP Loan information for Forward cities, inc

$302,807

Forward cities, inc was initially approved for PPP Loan of amount $302,807, the current approved amount is $302,807. The loan was approved on 04/12/2020 by The Cross River Bank reported 21 jobs and $302,807 was used to fund payroll.

Forward cities, inc is Existing or more than 2 years old

FORWARD CITIES, INC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORWARD CITIES, INC

Borrower Address

201 W Main St,Suite 115

Borrower City

Durham

Borrower State

NC

Borrower Zip

27701-3213

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302807.00

Current Approval Amount

302807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27701-3213

CD

NC-04

Jobs Reported

21

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302807.00

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

Non-Profit Organization

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

304433.03

Forgiveness Date

11/03/2020

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