PPP Loan information for Formal 4 u inc

$12,620

Formal 4 u inc was initially approved for PPP Loan of amount $12,620, the current approved amount is $12,620. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 2 jobs and $12,620 was used to fund payroll.

Formal 4 u inc is New Business or 2 years or less

FORMAL 4 U INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FORMAL 4 U INC

Borrower Address

2900 S COBB DR SE STE B1

Borrower City

SMYRNA

Borrower State

GA

Borrower Zip

30080-7860

Loan Status Date

10/19/2022

Loan Status

Charged Off

Term

28

SBA Guaranty Percentage

100

Initial Approval Amount

12620.00

Current Approval Amount

12620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SMYRNA

Project County Name

COBB

Project State

GA

Project Zip

30080-7860

CD

GA-13

Jobs Reported

2

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12620.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2656.23

Forgiveness Date

09/10/2021

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