Forged Components INC

$4,200,000 PPP Loan in Humble, Texas

Loan Details

Loan Number
7514057008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$4,200,000
Current Approval
$4,200,000
Forgiveness Amount
$4,247,367
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Forged Components INC
Address
14527 Smith Rd
City
Humble
State
Texas
ZIP Code
77396-2748
Business Type
Corporation
Industry (NAICS)
Manufacturing (332111)
Business Age
Existing or more than 2 years old
Jobs Reported
280
Estimated Revenue
$68.4M
Rural/Urban
Urban
Congressional District
TX-02

Loan Use Breakdown

Payroll
$4,147,153
Rent
$52,847

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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