PPP Loan information for Formula llc

$10,660

Formula llc was initially approved for PPP Loan of amount $10,660, the current approved amount is $10,660. The loan was approved on 02/20/2021 by The Virginia National Bank reported 10 jobs and $10,660 was used to fund payroll.

Formula llc is Existing or more than 2 years old

PPP Loan Search / VA / Earlysville / Formula llc

FORMULA LLC

Date Approved

02/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FORMULA LLC

Borrower Address

400 Panorama Rd

Borrower City

Earlysville

Borrower State

VA

Borrower Zip

22936-9660

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10660.00

Current Approval Amount

10660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Earlysville

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22936-9660

CD

VA-05

Jobs Reported

10

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

10657.00

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10805.39

Forgiveness Date

06/29/2022

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