PPP Loan information for Forming technologies llc

$606,300

Forming technologies llc was initially approved for PPP Loan of amount $606,300, the current approved amount is $606,300. The loan was approved on 04/10/2020 by The Old National Bank reported 51 jobs and $606,300 was used to fund payroll.

Forming technologies llc is Existing or more than 2 years old

PPP Loan Search / MI / MUSKEGON / Forming technologies llc

FORMING TECHNOLOGIES LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORMING TECHNOLOGIES LLC

Borrower Address

1885 E LAKETON AVE

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49442-6123

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

606300.00

Current Approval Amount

606300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-6123

CD

MI-02

Jobs Reported

51

NAICS Code

336370

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

606300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

610569.02

Forgiveness Date

12/31/2020

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