PPP Loan information for Formation cementing inc

$75,833

Formation cementing inc was initially approved for PPP Loan of amount $75,833, the current approved amount is $75,833. The loan was approved on 03/16/2021 by The Peoples Bank reported 6 jobs and $75,833 was used to fund payroll.

Formation cementing inc is Existing or more than 2 years old

FORMATION CEMENTING INC

Date Approved

03/16/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

FORMATION CEMENTING INC

Borrower Address

1800 Kemper Ct

Borrower City

Zanesville

Borrower State

OH

Borrower Zip

43701-4634

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75832.50

Current Approval Amount

75832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zanesville

Project County Name

MUSKINGUM

Project State

OH

Project Zip

43701-4634

CD

OH-12

Jobs Reported

6

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75829.50

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

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76428.63

Forgiveness Date

01/03/2022

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