PPP Loan information for Formula automatic door co. inc.

$92,000

Formula automatic door co. inc. was initially approved for PPP Loan of amount $92,000, the current approved amount is $92,000. The loan was approved on 01/25/2021 by The United Community Bank reported 7 jobs and $92,000 was used to fund payroll.

Formula automatic door co. inc. is Existing or more than 2 years old

FORMULA AUTOMATIC DOOR CO. INC.

Date Approved

01/25/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

FORMULA AUTOMATIC DOOR CO. INC.

Borrower Address

1033 Wappoo Rd Ste D

Borrower City

Charleston

Borrower State

SC

Borrower Zip

29407-6087

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92000.00

Current Approval Amount

92000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charleston

Project County Name

CHARLESTON

Project State

SC

Project Zip

29407-6087

CD

SC-06

Jobs Reported

7

NAICS Code

238350

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91998.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92447.22

Forgiveness Date

07/23/2021

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