PPP Loan information for Formulus black corporation

$438,359

Formulus black corporation was initially approved for PPP Loan of amount $438,359, the current approved amount is $438,359. The loan was approved on 03/26/2021 by The Liberty Capital Bank reported 17 jobs and $438,359 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

03/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FORMULUS BLACK CORPORATION

Borrower Address

26 Journal Sq Ste 1600

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07306-4103

Loan Status Date

12/09/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

438359.00

Current Approval Amount

438359.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07306-4103

CD

NJ-08

Jobs Reported

17

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

438356.00

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

458821

Originating Lender

Liberty Capital Bank

Originating Lender City

ADDISON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;