PPP Loan information for Formation counseling services inc

$257,935

Formation counseling services inc was initially approved for PPP Loan of amount $257,935, the current approved amount is $257,935. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $257,935 was used to fund payroll.

Formation counseling services inc is New Business or 2 years or less

PPP Loan Search / NM / ALBUQUERQUE / Formation counseling services inc

FORMATION COUNSELING SERVICES INC

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FORMATION COUNSELING SERVICES INC

Borrower Address

8600 ACADEMY RD NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87111-1107

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257935.00

Current Approval Amount

257935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87111-1107

CD

NM-01

Jobs Reported

41

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257935.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

259729.94

Forgiveness Date

01/14/2021

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