PPP Loan information for Formadesign, inc.

$169,255

Formadesign, inc. was initially approved for PPP Loan of amount $169,255, the current approved amount is $169,255. The loan was approved on 04/14/2020 by The American Business Bank reported 10 jobs and $169,255 was used to fund payroll.

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

PPP Loan Search / CA / COSTA MESA / Formadesign, inc.

FORMADESIGN, INC.

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

FORMADESIGN, INC.

Borrower Address

3050 PULLMAN ST

Borrower City

COSTA MESA

Borrower State

CA

Borrower Zip

92626-5901

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169255.00

Current Approval Amount

169255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COSTA MESA

Project County Name

ORANGE

Project State

CA

Project Zip

92626-5901

CD

CA-47

Jobs Reported

10

NAICS Code

541320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4942.00

Payroll Proceed

95077.00

Mortgage Interest Proceed

0.00

Rent Proceed

69236.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170831.62

Forgiveness Date

03/31/2021

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