PPP Loan information for Formost builders inc

$40,200

Formost builders inc was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 04/27/2020 by The Sound Community Bank reported 3 jobs and $40,200 was used to fund payroll.

Formost builders inc is Existing or more than 2 years old

FORMOST BUILDERS INC

Date Approved

04/27/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FORMOST BUILDERS INC

Borrower Address

PO BOX 1956

Borrower City

SEQUIM

Borrower State

WA

Borrower Zip

98382

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107432

Servicing Lender Name

Sound Community Bank

Servicing Lender Address

2400 Third Ave, Ste 100

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98121-4090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SEQUIM

Project County Name

CLALLAM

Project State

WA

Project Zip

98382-0001

CD

WA-06

Jobs Reported

3

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40200.00

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

107432

Originating Lender

Sound Community Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25475.73

Forgiveness Date

01/21/2021

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