PPP Loan information for Formula five management

$50,975

Formula five management was initially approved for PPP Loan of amount $50,975, the current approved amount is $50,975. The loan was approved on 01/19/2021 by The Altoona First Savings Bank reported 25 jobs and $50,975 was used to fund payroll.

Formula five management is Existing or more than 2 years old

PPP Loan Search / PA / Monroeville / Formula five management

FORMULA FIVE MANAGEMENT

Date Approved

01/19/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

FORMULA FIVE MANAGEMENT

Borrower Address

2117 Haymaker Rd

Borrower City

Monroeville

Borrower State

PA

Borrower Zip

15146-4321

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50975.00

Current Approval Amount

50975.00

Undisbursed Amount

0.00

Franchise Name

Mathnasium Learning Centers

Servicing Lender Location Id

77564

Servicing Lender Name

Altoona First Savings Bank

Servicing Lender Address

203 N Logan Blvd

Servicing Lender City

ALTOONA

Servicing Lender State

PA

Servicing Lender Zip

16602-1726

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroeville

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15146-4321

CD

PA-12

Jobs Reported

25

NAICS Code

611691

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50973.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77564

Originating Lender

Altoona First Savings Bank

Originating Lender City

ALTOONA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51293.42

Forgiveness Date

09/20/2021

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