PPP Loan information for Formosa tai llc

$5,938

Formosa tai llc was initially approved for PPP Loan of amount $5,938, the current approved amount is $5,938. The loan was approved on 02/13/2021 by The Eastern Bank reported 2 jobs and $5,938 was used to fund payroll.

Formosa tai llc is Existing or more than 2 years old

FORMOSA TAI LLC

Date Approved

02/13/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FORMOSA TAI LLC

Borrower Address

2 Orchard Ln Unit 4

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-3425

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5937.50

Current Approval Amount

5937.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-3425

CD

MA-06

Jobs Reported

2

NAICS Code

454390

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5937.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5985.99

Forgiveness Date

12/09/2021

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