PPP Loan information for Formula ii inc

$12,492

Formula ii inc was initially approved for PPP Loan of amount $12,492, the current approved amount is $12,492. The loan was approved on 03/06/2021 by The Santander Bank, National Association reported 3 jobs and $12,492 was used to fund payroll.

Formula ii inc is Existing or more than 2 years old

PPP Loan Search / NJ / Neptune / Formula ii inc

FORMULA II INC

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FORMULA II INC

Borrower Address

426 Glenmere Ave

Borrower City

Neptune

Borrower State

NJ

Borrower Zip

07753-5609

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12492.00

Current Approval Amount

12492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Neptune

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07753-5609

CD

NJ-06

Jobs Reported

3

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12491.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12525.20

Forgiveness Date

06/15/2021

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