PPP Loan information for Formrite companies

$1,061,191

Formrite companies was initially approved for PPP Loan of amount $1,061,191, the current approved amount is $1,061,191. The loan was approved on 01/28/2021 by The Old National Bank reported 118 jobs and $1,061,191 was used to fund payroll.

Formrite companies is Existing or more than 2 years old

PPP Loan Search / WI / Two Rivers / Formrite companies

FORMRITE COMPANIES

Date Approved

01/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

FORMRITE COMPANIES

Borrower Address

408 Columbus St

Borrower City

Two Rivers

Borrower State

WI

Borrower Zip

54241-3644

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1061191.05

Current Approval Amount

1061191.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Two Rivers

Project County Name

MANITOWOC

Project State

WI

Project Zip

54241-3644

CD

WI-06

Jobs Reported

118

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1061189.05

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1070930.75

Forgiveness Date

01/03/2022

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