PPP Loan information for Formula tire & materials inc

$85,498

Formula tire & materials inc was initially approved for PPP Loan of amount $85,498, the current approved amount is $85,498. The loan was approved on 04/30/2020 by The Umpqua Bank reported 6 jobs and $85,498 was used to fund payroll.

Formula tire & materials inc is Unanswered

PPP Loan Search / WA / MARYSVILLE / Formula tire & materials inc

FORMULA TIRE & MATERIALS INC

Date Approved

04/30/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FORMULA TIRE & MATERIALS INC

Borrower Address

9229 STATE AVE

Borrower City

MARYSVILLE

Borrower State

WA

Borrower Zip

98270-2214

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85497.56

Current Approval Amount

85497.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MARYSVILLE

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98270-2214

CD

WA-02

Jobs Reported

6

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85497.56

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77850.01

Forgiveness Date

10/15/2020

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