PPP Loan information for Formosa enterprise llc

$74,500

Formosa enterprise llc was initially approved for PPP Loan of amount $74,500, the current approved amount is $74,500. The loan was approved on 04/27/2020 by The Loyal Trust Bank reported 13 jobs and $74,500 was used to fund payroll.

Formosa enterprise llc is Existing or more than 2 years old

FORMOSA ENTERPRISE LLC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FORMOSA ENTERPRISE LLC

Borrower Address

8455 HOLCOMB BRIDGE RD

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30022-5318

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74500.00

Current Approval Amount

74500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

527106

Servicing Lender Name

Loyal Trust Bank

Servicing Lender Address

11675 Medlock Bridge Rd

Servicing Lender City

JOHNS CREEK

Servicing Lender State

GA

Servicing Lender Zip

30097-1565

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30022-5318

CD

GA-07

Jobs Reported

13

NAICS Code

445310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74500.00

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

527106

Originating Lender

Loyal Trust Bank

Originating Lender City

JOHNS CREEK

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75116.69

Forgiveness Date

03/02/2021

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