PPP Loan information for Formway transportation inc

$12,603

Formway transportation inc was initially approved for PPP Loan of amount $12,603, the current approved amount is $12,603. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 3 jobs and $12,603 was used to fund payroll.

Formway transportation inc is Existing or more than 2 years old

FORMWAY TRANSPORTATION INC

Date Approved

05/03/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORMWAY TRANSPORTATION INC

Borrower Address

8787 BRANCH AVENUE - SUITE 40

Borrower City

CLINTON

Borrower State

MD

Borrower Zip

20735

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12603.00

Current Approval Amount

12603.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20735-0001

CD

MD-04

Jobs Reported

3

NAICS Code

488999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12603.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9711.29

Forgiveness Date

06/17/2021

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