PPP Loan information for Formatech inc.

$301,800

Formatech inc. was initially approved for PPP Loan of amount $301,800, the current approved amount is $301,800. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 20 jobs and $301,800 was used to fund payroll.

Formatech inc. is Existing or more than 2 years old

PPP Loan Search / OH / BRUNSWICK / Formatech inc.

FORMATECH INC.

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FORMATECH INC.

Borrower Address

3024 INTERSTATE PKWY

Borrower City

BRUNSWICK

Borrower State

OH

Borrower Zip

44212-4324

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301800.00

Current Approval Amount

301800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

MEDINA

Project State

OH

Project Zip

44212-4324

CD

OH-07

Jobs Reported

20

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

301800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293785.86

Forgiveness Date

12/17/2020

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