PPP Loan information for The formetal company llc

$72,200

The formetal company llc was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 04/14/2020 by The United Community Bank reported 11 jobs and $72,200 was used to fund payroll.

The formetal company llc is Existing or more than 2 years old

THE FORMETAL COMPANY LLC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE FORMETAL COMPANY LLC

Borrower Address

239 Third Street

Borrower City

FOREST PARK

Borrower State

GA

Borrower Zip

30297

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST PARK

Project County Name

CLAYTON

Project State

GA

Project Zip

30297-1000

CD

GA-05

Jobs Reported

11

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62528.89

Forgiveness Date

11/09/2020

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