PPP Loan information for Formo tc llc

$39,307

Formo tc llc was initially approved for PPP Loan of amount $39,307, the current approved amount is $39,307. The loan was approved on 01/28/2021 by The Independent Bank reported 12 jobs and $39,307 was used to fund payroll.

Formo tc llc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Formo tc llc

FORMO TC LLC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FORMO TC LLC

Borrower Address

1780 S Garfield Ave

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4338

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39307.00

Current Approval Amount

39307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4338

CD

MI-01

Jobs Reported

12

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39302.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39449.15

Forgiveness Date

06/15/2021

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