PPP Loan information for Formulus black corporation

$438,360

Formulus black corporation was initially approved for PPP Loan of amount $438,360, the current approved amount is $438,360. The loan was approved on 04/10/2020 by The Liberty Capital Bank reported 10 jobs and $438,360 was used to fund payroll.

Formulus black corporation is Existing or more than 2 years old

PPP Loan Search / NJ / JERSEY CITY / Formulus black corporation

FORMULUS BLACK CORPORATION

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FORMULUS BLACK CORPORATION

Borrower Address

26 JOURNAL SQ, FL 16

Borrower City

JERSEY CITY

Borrower State

NJ

Borrower Zip

07306-4002

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

438359.80

Current Approval Amount

438359.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458821

Servicing Lender Name

Liberty Capital Bank

Servicing Lender Address

5055 Keller Springs Rd, #120 Liberty Plaza I

Servicing Lender City

ADDISON

Servicing Lender State

TX

Servicing Lender Zip

75001-5997

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JERSEY CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07306-4002

CD

NJ-08

Jobs Reported

10

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

438359.80

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

458821

Originating Lender

Liberty Capital Bank

Originating Lender City

ADDISON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

443973.24

Forgiveness Date

07/21/2021

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