PPP Loan information for Formasters corp

$234,350

Formasters corp was initially approved for PPP Loan of amount $234,350, the current approved amount is $234,350. The loan was approved on 02/23/2021 by The The Middlefield Banking Company reported 21 jobs and $234,350 was used to fund payroll.

Formasters corp is Existing or more than 2 years old

PPP Loan Search / OH / Mentor / Formasters corp

FORMASTERS CORP

Date Approved

02/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FORMASTERS CORP

Borrower Address

5959 Pinecone Dr

Borrower City

Mentor

Borrower State

OH

Borrower Zip

44060-1866

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234350.00

Current Approval Amount

234350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mentor

Project County Name

LAKE

Project State

OH

Project Zip

44060-1866

CD

OH-14

Jobs Reported

21

NAICS Code

333519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234350.00

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

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237001.69

Forgiveness Date

04/14/2022

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