PPP Loan information for Formation cementing inc

$77,400

Formation cementing inc was initially approved for PPP Loan of amount $77,400, the current approved amount is $77,400. The loan was approved on 04/10/2020 by The Peoples Bank reported 7 jobs and $77,400 was used to fund payroll.

Formation cementing inc is Existing or more than 2 years old

PPP Loan Search / OH / ZANESVILLE / Formation cementing inc

FORMATION CEMENTING INC

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FORMATION CEMENTING INC

Borrower Address

1800 Kemper Ct

Borrower City

ZANESVILLE

Borrower State

OH

Borrower Zip

43702-0001

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77400.00

Current Approval Amount

77400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZANESVILLE

Project County Name

MUSKINGUM

Project State

OH

Project Zip

43702-0001

CD

OH-12

Jobs Reported

7

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78096.60

Forgiveness Date

03/18/2021

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