PPP Loan information for Formost graphic communications, inc.

$235,607

Formost graphic communications, inc. was initially approved for PPP Loan of amount $235,607, the current approved amount is $235,607. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 16 jobs and $235,607 was used to fund payroll.

Formost graphic communications, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Formost graphic communications, inc.

FORMOST GRAPHIC COMMUNICATIONS, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORMOST GRAPHIC COMMUNICATIONS, INC.

Borrower Address

19209A Chennault Way

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235607.00

Current Approval Amount

235607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-1100

CD

MD-06

Jobs Reported

16

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

58901.75

Payroll Proceed

176705.25

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

238234.18

Forgiveness Date

06/04/2021

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