PPP Loan information for Formulaction inc

$110,032

Formulaction inc was initially approved for PPP Loan of amount $110,032, the current approved amount is $110,032. The loan was approved on 04/10/2021 by The PNC Bank, National Association reported 6 jobs and $110,032 was used to fund payroll.

Formulaction inc is Existing or more than 2 years old

PPP Loan Search / OH / Worthington / Formulaction inc

FORMULACTION INC

Date Approved

04/10/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

FORMULACTION INC

Borrower Address

6660 N High St Ste 2A 6660 N High St Ste 2a

Borrower City

Worthington

Borrower State

OH

Borrower Zip

43085-2537

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110032.00

Current Approval Amount

110032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

FRANKLIN

Project State

OH

Project Zip

43085-2537

CD

OH-03

Jobs Reported

6

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

110029.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110551.60

Forgiveness Date

10/04/2021

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