PPP Loan information for Formalities inc.

$17,700

Formalities inc. was initially approved for PPP Loan of amount $17,700, the current approved amount is $17,700. The loan was approved on 04/07/2020 by The The First National Bank of Bemidji reported 4 jobs and $17,700 was used to fund payroll.

Formalities inc. is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / Formalities inc.

FORMALITIES INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORMALITIES INC.

Borrower Address

421 BELTRAMI AVE NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-3106

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17700.00

Current Approval Amount

17700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3106

CD

MN-08

Jobs Reported

4

NAICS Code

448190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17700.00

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11765.98

Forgiveness Date

11/09/2020

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