PPP Loan information for Formco enterprises inc.

$191,133

Formco enterprises inc. was initially approved for PPP Loan of amount $191,133, the current approved amount is $191,133. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 89 jobs and $191,133 was used to fund payroll.

Formco enterprises inc. is Existing or more than 2 years old

FORMCO ENTERPRISES INC.

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

191132.50

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

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hicksville

Project County Name

NASSAU

Project State

NY

Project Zip

11801-4619

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

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

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;