PPP Loan information for Formatop company

$283,400

Formatop company was initially approved for PPP Loan of amount $283,400, the current approved amount is $283,400. The loan was approved on 04/15/2020 by The First Bank & Trust reported 24 jobs and $283,400 was used to fund payroll.

Formatop company is Existing or more than 2 years old

FORMATOP COMPANY

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FORMATOP COMPANY

Borrower Address

101 S Franklin Ave.

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57103

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283400.00

Current Approval Amount

283400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57103-0100

CD

SD-

Jobs Reported

24

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

283400.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

285824.64

Forgiveness Date

02/24/2021

;