Date Approved
01/31/2021
SBA Office Code
0235
Processing Method
PPS
Borrower Name
FORMCO ENTERPRISES INC.
Borrower Address
9 West Ave
Borrower City
Hicksville
Borrower State
NY
Borrower Zip
11801-4619
Loan Status Date
09/20/2022
Loan Status
Charged Off
Term
40
SBA Guaranty Percentage
100
Initial Approval Amount
191132.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NASSAU
Project State
Project Zip
CD
NY-03
Jobs Reported
89
NAICS Code
624410
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
191127.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
46104
Originating Lender
Dime Community Bank
Originating Lender City
BRIDGEHAMPTON
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date