PPP Loan information for Formulation design, incorporated

$123,000

Formulation design, incorporated was initially approved for PPP Loan of amount $123,000, the current approved amount is $123,000. The loan was approved on 04/10/2020 by The KeyBank National Association reported 2 jobs and $123,000 was used to fund payroll.

Formulation design, incorporated is Existing or more than 2 years old

FORMULATION DESIGN, INCORPORATED

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FORMULATION DESIGN, INCORPORATED

Borrower Address

1908 Orchard Rd

Borrower City

HOOD RIVER

Borrower State

OR

Borrower Zip

97031-9694

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123000.00

Current Approval Amount

123000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOOD RIVER

Project County Name

HOOD RIVER

Project State

OR

Project Zip

97031-9694

CD

OR-02

Jobs Reported

2

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123000.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124476.00

Forgiveness Date

07/06/2021

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