PPP Loan information for Formula corp.

$880,290

Formula corp. was initially approved for PPP Loan of amount $880,290, the current approved amount is $880,290. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 90 jobs and $880,290 was used to fund payroll.

Formula corp. is Existing or more than 2 years old

PPP Loan Search / WA / Auburn / Formula corp.

FORMULA CORP.

Date Approved

04/09/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FORMULA CORP.

Borrower Address

4432 C Street NE 0.0

Borrower City

Auburn

Borrower State

WA

Borrower Zip

98002-1713

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

880290.00

Current Approval Amount

880290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

KING

Project State

WA

Project Zip

98002-1713

CD

WA-08

Jobs Reported

90

NAICS Code

325612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26409.00

Payroll Proceed

748247.00

Mortgage Interest Proceed

0.00

Rent Proceed

105634.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

889276.29

Forgiveness Date

05/03/2021

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