PPP Loan information for Formco inc

$61,696

Formco inc was initially approved for PPP Loan of amount $61,696, the current approved amount is $61,696. The loan was approved on 07/20/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $61,696 was used to fund payroll.

Formco inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Formco inc

FORMCO INC

Date Approved

07/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORMCO INC

Borrower Address

4120 BRANCHWOOD DR

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-7306

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61696.00

Current Approval Amount

61696.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-7306

CD

NC-04

Jobs Reported

8

NAICS Code

221320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61696.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62255.49

Forgiveness Date

06/24/2021

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