PPP Loan information for Industrial formulators inc

$67,205

Industrial formulators inc was initially approved for PPP Loan of amount $67,205, the current approved amount is $67,205. The loan was approved on 04/14/2020 by The Farmers & Merchants Bank of Long Beach reported 5 jobs and $67,205 was used to fund payroll.

Industrial formulators inc is Existing or more than 2 years old

INDUSTRIAL FORMULATORS INC

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

INDUSTRIAL FORMULATORS INC

Borrower Address

15631 GRAHAM ST Suite E

Borrower City

HUNTINGTON BEACH

Borrower State

CA

Borrower Zip

92649-1631

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67205.00

Current Approval Amount

67205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON BEACH

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1631

CD

CA-47

Jobs Reported

5

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67205.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67834.70

Forgiveness Date

03/31/2021

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