PPP Loan information for Formulaction inc.

$107,600

Formulaction inc. was initially approved for PPP Loan of amount $107,600, the current approved amount is $107,600. The loan was approved on 04/29/2020 by The PNC Bank, National Association reported 6 jobs and $107,600 was used to fund payroll.

Formulaction inc. is Unanswered

PPP Loan Search / OH / WORTHINGTON / Formulaction inc.

FORMULACTION INC.

Date Approved

04/29/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FORMULACTION INC.

Borrower Address

6660 N HIGH ST Suite 2A

Borrower City

WORTHINGTON

Borrower State

OH

Borrower Zip

43085-2537

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107600.00

Current Approval Amount

107600.00

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

Unanswered

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

0.00

Payroll Proceed

107600.00

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

108389.07

Forgiveness Date

01/20/2021

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