PPP Loan information for Formula k equipment, llc

$100,000

Formula k equipment, llc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/30/2020 by The United Bay Community CU reported 12 jobs and $100,000 was used to fund payroll.

Formula k equipment, llc is Existing or more than 2 years old

PPP Loan Search / MI / MATTAWAN / Formula k equipment, llc

FORMULA K EQUIPMENT, LLC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORMULA K EQUIPMENT, LLC

Borrower Address

54358 North Main Street

Borrower City

MATTAWAN

Borrower State

MI

Borrower Zip

49071-9324

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99509

Servicing Lender Name

United Bay Community CU

Servicing Lender Address

1309 N Lincoln Ave

Servicing Lender City

BAY CITY

Servicing Lender State

MI

Servicing Lender Zip

48708-6172

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mattawan

Project County Name

VAN BUREN

Project State

MI

Project Zip

49071-0001

CD

MI-06

Jobs Reported

12

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

75000.00

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

99509

Originating Lender

United Bay Community CU

Originating Lender City

BAY CITY

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100890.41

Forgiveness Date

03/29/2021

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