PPP Loan information for Formed solutions, inc.

$316,200

Formed solutions, inc. was initially approved for PPP Loan of amount $278,600, the current approved amount is $316,200. The loan was approved on 04/07/2020 by The Macatawa Bank reported 28 jobs and $316,200 was used to fund payroll.

Formed solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Formed solutions, inc.

FORMED SOLUTIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORMED SOLUTIONS, INC.

Borrower Address

1900 LAMAR CT

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-8750

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278600.00

Current Approval Amount

316200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-8750

CD

MI-02

Jobs Reported

28

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316200.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318772.92

Forgiveness Date

02/09/2021

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