PPP Loan information for Formula m creative llc

$301,000

Formula m creative llc was initially approved for PPP Loan of amount $301,000, the current approved amount is $301,000. The loan was approved on 04/30/2020 by The CalPrivate Bank reported 16 jobs and $301,000 was used to fund payroll.

Formula m creative llc is Existing or more than 2 years old

FORMULA M CREATIVE LLC

Date Approved

04/30/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FORMULA M CREATIVE LLC

Borrower Address

115 N Hollywood Way 2nd Floor

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91505-4364

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301000.00

Current Approval Amount

301000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444953

Servicing Lender Name

CalPrivate Bank

Servicing Lender Address

9404 Genesee Ave Ste 100

Servicing Lender City

LA JOLLA

Servicing Lender State

CA

Servicing Lender Zip

92037-1353

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91505-4364

CD

CA-30

Jobs Reported

16

NAICS Code

541430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

227000.00

Mortgage Interest Proceed

0.00

Rent Proceed

56000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

444953

Originating Lender

CalPrivate Bank

Originating Lender City

LA JOLLA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303523.45

Forgiveness Date

03/11/2021

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