PPP Loan information for Form-cove manufacturing inc.

$250,000

Form-cove manufacturing inc. was initially approved for PPP Loan of amount $306,459, the current approved amount is $250,000. The loan was approved on 04/15/2020 by The DreamSpring reported 50 jobs and $250,000 was used to fund payroll.

Form-cove manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / NM / RIO RANCHO / Form-cove manufacturing inc.

FORM-COVE MANUFACTURING INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FORM-COVE MANUFACTURING INC.

Borrower Address

500 Frontage Rd NE

Borrower City

RIO RANCHO

Borrower State

NM

Borrower Zip

87124

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306459.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

506410

Servicing Lender Name

DreamSpring

Servicing Lender Address

2000 Zearing Ave. NW

Servicing Lender City

Albuquerque

Servicing Lender State

NM

Servicing Lender Zip

87104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIO RANCHO

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-0200

CD

NM-01

Jobs Reported

50

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

506410

Originating Lender

DreamSpring

Originating Lender City

Albuquerque

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251784.72

Forgiveness Date

12/31/2020

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