PPP Loan information for Forward motion inc

$107,753

Forward motion inc was initially approved for PPP Loan of amount $107,753, the current approved amount is $107,753. The loan was approved on 01/21/2021 by The First Federal Savings & Loan Association of Lakewood reported 7 jobs and $107,753 was used to fund payroll.

Forward motion inc is Existing or more than 2 years old

FORWARD MOTION INC

Date Approved

01/21/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FORWARD MOTION INC

Borrower Address

1220 Moore Rd Ste D

Borrower City

Avon

Borrower State

OH

Borrower Zip

44011-4068

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107752.50

Current Approval Amount

107752.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81934

Servicing Lender Name

First Federal Savings & Loan Association of Lakewood

Servicing Lender Address

14806 Detroit Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

OH

Servicing Lender Zip

44107-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avon

Project County Name

LORAIN

Project State

OH

Project Zip

44011-4068

CD

OH-05

Jobs Reported

7

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107748.50

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

Subchapter S Corporation

Originating Lender Location Id

81934

Originating Lender

First Federal Savings & Loan Association of Lakewood

Originating Lender City

LAKEWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108895.87

Forgiveness Date

02/23/2022

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