PPP Loan information for Formula management corp

$81,661

Formula management corp was initially approved for PPP Loan of amount $81,661, the current approved amount is $81,661. The loan was approved on 02/01/2021 by The Rockland Trust Company reported 20 jobs and $81,661 was used to fund payroll.

Formula management corp is Existing or more than 2 years old

PPP Loan Search / MA / Yarmouth Port / Formula management corp

FORMULA MANAGEMENT CORP

Date Approved

02/01/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FORMULA MANAGEMENT CORP

Borrower Address

926 Route 6A # 0

Borrower City

Yarmouth Port

Borrower State

MA

Borrower Zip

02675-2100

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81661.17

Current Approval Amount

81661.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yarmouth Port

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02675-2100

CD

MA-09

Jobs Reported

20

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

81658.17

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82645.64

Forgiveness Date

04/13/2022

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