PPP Loan information for Healthy formulations inc

$208,358

Healthy formulations inc was initially approved for PPP Loan of amount $208,358, the current approved amount is $208,358. The loan was approved on 04/28/2020 by The American Express National Bank reported 30 jobs and $208,358 was used to fund payroll.

Healthy formulations inc is Existing or more than 2 years old

HEALTHY FORMULATIONS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HEALTHY FORMULATIONS INC

Borrower Address

25 West Highland Avenue

Borrower City

Atlantic Highlands

Borrower State

NJ

Borrower Zip

07716

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208357.50

Current Approval Amount

208357.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Atlantic Highlands

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07716-0001

CD

NJ-06

Jobs Reported

30

NAICS Code

311111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156268.12

Mortgage Interest Proceed

0.00

Rent Proceed

35420.78

Refinance EIDL Proceed

0.00

Health Care Proceed

16668.60

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210503.87

Forgiveness Date

05/18/2021

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