PPP Loan information for Formit inc

$484,135

Formit inc was initially approved for PPP Loan of amount $484,135, the current approved amount is $484,135. The loan was approved on 02/18/2021 by The KeyBank National Association reported 22 jobs and $484,135 was used to fund payroll.

Formit inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Formit inc

FORMIT INC

Date Approved

02/18/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

FORMIT INC

Borrower Address

3747 NE Sandy Blvd

Borrower City

Portland

Borrower State

OR

Borrower Zip

97232-1840

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

484135.00

Current Approval Amount

484135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97232-1840

CD

OR-03

Jobs Reported

22

NAICS Code

541430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

484132.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

487119.39

Forgiveness Date

10/25/2021

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