PPP Loan information for Formit, inc.

$508,400

Formit, inc. was initially approved for PPP Loan of amount $508,400, the current approved amount is $508,400. The loan was approved on 04/10/2020 by The KeyBank National Association reported 32 jobs and $508,400 was used to fund payroll.

Formit, inc. is Unanswered

PPP Loan Search / OR / PORTLAND / Formit, inc.

FORMIT, INC.

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FORMIT, INC.

Borrower Address

3747 NE Sandy Blvd

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97232-1840

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508400.00

Current Approval Amount

508400.00

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

Unanswered

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97232-1840

CD

OR-03

Jobs Reported

32

NAICS Code

541921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508400.00

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

511380.76

Forgiveness Date

11/23/2020

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