PPP Loan information for Formals xo inc

$44,300

Formals xo inc was initially approved for PPP Loan of amount $44,300, the current approved amount is $44,300. The loan was approved on 01/17/2021 by The First Atlantic FCU reported 7 jobs and $44,300 was used to fund payroll.

Formals xo inc is Existing or more than 2 years old

FORMALS XO INC

Date Approved

01/17/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

FORMALS XO INC

Borrower Address

2300 E Lincoln Hwy

Borrower City

Langhorne

Borrower State

PA

Borrower Zip

19047-1824

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44300.00

Current Approval Amount

44300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

100865

Servicing Lender Name

First Atlantic FCU

Servicing Lender Address

468 Industrial Way West

Servicing Lender City

EATONTOWN

Servicing Lender State

NJ

Servicing Lender Zip

07724-2210

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Langhorne

Project County Name

BUCKS

Project State

PA

Project Zip

19047-1824

CD

PA-01

Jobs Reported

7

NAICS Code

448140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44300.00

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

100865

Originating Lender

First Atlantic FCU

Originating Lender City

EATONTOWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44533.81

Forgiveness Date

08/09/2021

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