PPP Loan information for Formed ai, inc.

$139,000

Formed ai, inc. was initially approved for PPP Loan of amount $139,000, the current approved amount is $139,000. The loan was approved on 04/28/2020 by The Broadview Federal Credit Union reported 9 jobs and $139,000 was used to fund payroll.

Formed ai, inc. is New Business or 2 years or less

FORMED AI, INC.

Date Approved

04/28/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

FORMED AI, INC.

Borrower Address

414 UNION ST

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12305-1107

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139000.00

Current Approval Amount

139000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101888

Servicing Lender Name

Broadview Federal Credit Union

Servicing Lender Address

575 Broadway

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12207-2921

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12305-1107

CD

NY-20

Jobs Reported

9

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139000.00

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

101888

Originating Lender

Broadview Federal Credit Union

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139799.25

Forgiveness Date

11/24/2020

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