PPP Loan information for Formlabs inc.

$7,659,820

Formlabs inc. was initially approved for PPP Loan of amount $7,659,820, the current approved amount is $7,659,820. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 484 jobs and $7,659,820 was used to fund payroll.

Formlabs inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Formlabs inc.

FORMLABS INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FORMLABS INC.

Borrower Address

35 Medford St Suite 301 0.0

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-4237

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7659820.00

Current Approval Amount

7659820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-4237

CD

MA-07

Jobs Reported

484

NAICS Code

333244

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

74000.00

Payroll Proceed

6973020.00

Mortgage Interest Proceed

0.00

Rent Proceed

612800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7762827.56

Forgiveness Date

08/25/2021

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