PPP Loan information for Informal group inc

$137,371

Informal group inc was initially approved for PPP Loan of amount $137,371, the current approved amount is $137,371. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 11 jobs and $137,371 was used to fund payroll.

Informal group inc is New Business or 2 years or less

INFORMAL GROUP INC

Date Approved

04/30/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

INFORMAL GROUP INC

Borrower Address

8 THE GREEN UNIT 4938

Borrower City

DOVER

Borrower State

DE

Borrower Zip

19901

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137371.00

Current Approval Amount

137371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DOVER

Project County Name

KENT

Project State

DE

Project Zip

19901-1200

CD

DE-

Jobs Reported

11

NAICS Code

611430

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137371.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138624.28

Forgiveness Date

04/19/2021

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