PPP Loan information for Formasters corporation

$241,100

Formasters corporation was initially approved for PPP Loan of amount $241,100, the current approved amount is $241,100. The loan was approved on 04/07/2020 by The The Middlefield Banking Company reported 19 jobs and $241,100 was used to fund payroll.

Formasters corporation is Existing or more than 2 years old

PPP Loan Search / OH / MENTOR / Formasters corporation

FORMASTERS CORPORATION

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FORMASTERS CORPORATION

Borrower Address

5959 Pinecone Drive

Borrower City

MENTOR

Borrower State

OH

Borrower Zip

44060-1866

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241100.00

Current Approval Amount

241100.00

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

19

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241100.00

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

243352.47

Forgiveness Date

03/25/2021

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