Gene M Forbes Enterprises INC

$1,812,100 PPP Loan in Tazewell, Virginia

Loan Details

Loan Number
4555797108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,812,100
Current Approval
$1,812,100
Forgiveness Amount
$1,829,365
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gene M Forbes Enterprises INC
Address
120 Mcdonalds St
ZIP Code
24651-9326
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$1,450,000
Utilities
$100,000
Mortgage Interest
$262,100

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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