PPP Loan information for Formex inc.

$227,500

Formex inc. was initially approved for PPP Loan of amount $227,500, the current approved amount is $227,500. The loan was approved on 01/20/2021 by The The Washington Trust Company of Westerly reported 23 jobs and $227,500 was used to fund payroll.

Formex inc. is Existing or more than 2 years old

PPP Loan Search / RI / E Greenwich / Formex inc.

FORMEX INC.

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FORMEX INC.

Borrower Address

3305 S County Trl

Borrower City

E Greenwich

Borrower State

RI

Borrower Zip

02818-1477

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

E Greenwich

Project County Name

KENT

Project State

RI

Project Zip

02818-1477

CD

RI-02

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

227497.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230211.04

Forgiveness Date

04/07/2022

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