PPP Loan information for Formacoat llc

$237,600

Formacoat llc was initially approved for PPP Loan of amount $237,600, the current approved amount is $237,600. The loan was approved on 02/02/2021 by The Nicolet National Bank reported 21 jobs and $237,600 was used to fund payroll.

Formacoat llc is Existing or more than 2 years old

PPP Loan Search / MN / Chaska / Formacoat llc

FORMACOAT LLC

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FORMACOAT LLC

Borrower Address

2960 Chaska Blvd

Borrower City

Chaska

Borrower State

MN

Borrower Zip

55318-2285

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237600.00

Current Approval Amount

237600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203327

Servicing Lender Name

Nicolet National Bank

Servicing Lender Address

111 N Washington St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-4255

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chaska

Project County Name

CARVER

Project State

MN

Project Zip

55318-2285

CD

MN-06

Jobs Reported

21

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

237598.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238836.82

Forgiveness Date

08/27/2021

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