PPP Loan information for Formula experiences llc

$31,457

Formula experiences llc was initially approved for PPP Loan of amount $31,457, the current approved amount is $31,457. The loan was approved on 02/20/2021 by The North State Bank reported 3 jobs and $31,457 was used to fund payroll.

Formula experiences llc is Existing or more than 2 years old

PPP Loan Search / VA / Alton / Formula experiences llc

FORMULA EXPERIENCES LLC

Date Approved

02/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FORMULA EXPERIENCES LLC

Borrower Address

1131 North Paddock Lane

Borrower City

Alton

Borrower State

VA

Borrower Zip

24520

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31457.00

Current Approval Amount

31457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alton

Project County Name

HALIFAX

Project State

VA

Project Zip

24520

CD

VA-05

Jobs Reported

3

NAICS Code

711310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31455.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31637.12

Forgiveness Date

09/29/2021

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