PPP Loan information for Formula freight corp.

$35,000

Formula freight corp. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $35,000 was used to fund payroll.

Formula freight corp. is Existing or more than 2 years old

FORMULA FREIGHT CORP.

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FORMULA FREIGHT CORP.

Borrower Address

599 W CROSSVILE ROAD 115

Borrower City

ROSWELL

Borrower State

GA

Borrower Zip

30075

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSWELL

Project County Name

FULTON

Project State

GA

Project Zip

30075-0001

CD

GA-06

Jobs Reported

30

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26470.00

Mortgage Interest Proceed

0.00

Rent Proceed

3500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5030.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35472.58

Forgiveness Date

09/10/2021

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