PPP Loan information for Formula fabrication inc.

$52,500

Formula fabrication inc. was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/05/2020 by The First Montana Bank, Inc. reported 6 jobs and $52,500 was used to fund payroll.

Formula fabrication inc. is Existing or more than 2 years old

PPP Loan Search / MT / LIBBY / Formula fabrication inc.

FORMULA FABRICATION INC.

Date Approved

04/05/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

FORMULA FABRICATION INC.

Borrower Address

31936 US Hwy 2

Borrower City

LIBBY

Borrower State

MT

Borrower Zip

59923-3026

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41955

Servicing Lender Name

First Montana Bank, Inc.

Servicing Lender Address

201 N Higgins Ave

Servicing Lender City

MISSOULA

Servicing Lender State

MT

Servicing Lender Zip

59802-4434

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LIBBY

Project County Name

LINCOLN

Project State

MT

Project Zip

59923-3026

CD

MT-01

Jobs Reported

6

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

41955

Originating Lender

First Montana Bank, Inc.

Originating Lender City

MISSOULA

Originating Lender State

MT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53237.92

Forgiveness Date

09/02/2021

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