# PPP loan: FOREST CITY ERECTORS INC.
> **$1.60M** approved 04/05/2020 · Paid in Full · Loan `5377197008`
## Borrower
- **Name:** FOREST CITY ERECTORS INC.
- **Address:** 8200 BOYLE PKWY, TWINSBURG, OH, 44087-2234
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 120
## Lender
- **Originating:** The Middlefield Banking Company
- **Servicing:** The Middlefield Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*