PPP Loan information for Formosa food company, inc.

$110,900

Formosa food company, inc. was initially approved for PPP Loan of amount $110,900, the current approved amount is $110,900. The loan was approved on 04/06/2020 by The American State Bank reported 15 jobs and $110,900 was used to fund payroll.

Formosa food company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / HULL / Formosa food company, inc.

FORMOSA FOOD COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FORMOSA FOOD COMPANY, INC.

Borrower Address

810 BLACK FOREST RD

Borrower City

HULL

Borrower State

IA

Borrower Zip

51239-7599

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110900.00

Current Approval Amount

110900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HULL

Project County Name

SIOUX

Project State

IA

Project Zip

51239-7599

CD

IA-04

Jobs Reported

15

NAICS Code

424520

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110900.00

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

Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111884.43

Forgiveness Date

03/08/2021

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