PPP Loan information for Formosa travel service inc

$18,168

Formosa travel service inc was initially approved for PPP Loan of amount $20,168, the current approved amount is $18,168. The loan was approved on 05/29/2020 by The American Express National Bank reported 2 jobs and $18,168 was used to fund payroll.

Formosa travel service inc is Existing or more than 2 years old

FORMOSA TRAVEL SERVICE INC

Date Approved

05/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FORMOSA TRAVEL SERVICE INC

Borrower Address

2251 E Ashbury Ct

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60004

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20167.50

Current Approval Amount

18167.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60004-0001

CD

IL-05

Jobs Reported

2

NAICS Code

487990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18167.50

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

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18319.81

Forgiveness Date

04/06/2021

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