PPP Loan information for Formulife inc.

$878,100

Formulife inc. was initially approved for PPP Loan of amount $878,100, the current approved amount is $878,100. The loan was approved on 04/16/2020 by The Regions Bank reported 101 jobs and $878,100 was used to fund payroll.

Formulife inc. is Existing or more than 2 years old

PPP Loan Search / TX / Allen / Formulife inc.

FORMULIFE INC.

Date Approved

04/16/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FORMULIFE INC.

Borrower Address

1253 Andrews Parkway,

Borrower City

Allen

Borrower State

TX

Borrower Zip

75002-2692

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878100.00

Current Approval Amount

878100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allen

Project County Name

COLLIN

Project State

TX

Project Zip

75002-2692

CD

TX-03

Jobs Reported

101

NAICS Code

311999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

878100.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

883176.14

Forgiveness Date

11/25/2020

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