PPP Loan information for Fotm, inc.

$750,000

Fotm, inc. was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 04/13/2020 by The Umpqua Bank reported 110 jobs and $750,000 was used to fund payroll.

Fotm, inc. is Existing or more than 2 years old

PPP Loan Search / OR / PORTLAND / Fotm, inc.

FOTM, INC.

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FOTM, INC.

Borrower Address

3443 NE 57th Ave.

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97213-3351

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97213-3351

CD

OR-03

Jobs Reported

110

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

750000.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

756143.84

Forgiveness Date

02/11/2021

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