PPP Loan information for Formula, llc

$11,200

Formula, llc was initially approved for PPP Loan of amount $11,200, the current approved amount is $11,200. The loan was approved on 04/13/2020 by The Virginia National Bank reported 9 jobs and $11,200 was used to fund payroll.

Formula, llc is Existing or more than 2 years old

FORMULA, LLC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FORMULA, LLC

Borrower Address

400 PANORAMA RD

Borrower City

EARLYSVILLE

Borrower State

VA

Borrower Zip

22936-9660

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11200.00

Current Approval Amount

11200.00

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

9

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11200.00

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

2214.73

Forgiveness Date

12/15/2020

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