PPP Loan information for Formdecor inc.

$332,680

Formdecor inc. was initially approved for PPP Loan of amount $332,680, the current approved amount is $332,680. The loan was approved on 02/22/2021 by The American Business Bank reported 28 jobs and $332,680 was used to fund payroll.

Formdecor inc. is Existing or more than 2 years old

FORMDECOR INC.

Date Approved

02/22/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

FORMDECOR INC.

Borrower Address

5600 Argosy Ave Ste 200

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92649-1061

Loan Status Date

11/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332680.00

Current Approval Amount

332680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1061

CD

CA-47

Jobs Reported

28

NAICS Code

532289

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

332675.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

321892.24

Forgiveness Date

06/23/2022

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