Forest Automotive, Inc.

$55,520 PPP Loan in Forest, Virginia

Loan Details

Loan Number
8536517010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$55,520
Current Approval
$55,520
Forgiveness Amount
$55,798
Forgiveness Date
Oct 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Forest Automotive, Inc.
Address
1033 Rustic Village Road
City
Forest
ZIP Code
24551-2251
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$44,415
Rent
$3,000
Utilities
$1,000
Debt Interest
$7,105

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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