Formula Corporation

$152,120 PPP Loan in Eagan, Minnesota

Loan Details

Loan Number
1156188903
Date Approved
Apr 24, 2021
Loan Status
Paid in Full
Initial Approval
$152,120
Current Approval
$152,120
Forgiveness Amount
$152,509
Forgiveness Date
Jul 30, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Formula Corporation
Address
2919 Eagandale Blvd Ste 120
City
Eagan
ZIP Code
55121-1214
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524292)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$152,120

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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