Forrest Properties Inc.

$196,000 PPP Loan in Carlsbad, New Mexico

Loan Details

Loan Number
9186738300
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$196,000
Current Approval
$196,000
Forgiveness Amount
$198,615
Forgiveness Date
Jun 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Forrest Properties Inc.
Address
609 Elora Dr
ZIP Code
88220-4657
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Fairfield by Marriott/fairfield Inn & Suites by Marriott/fairfield Inn by Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$21.6M
Rural/Urban
Urban
Congressional District
NM-02

Loan Use Breakdown

Payroll
$195,998
Utilities
$1

Lender Information

Servicing Lender
Western Commerce Bank
Originating Lender
Western Commerce Bank

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