Formacoat LLC

$237,600 PPP Loan in Chaska, Minnesota

Loan Details

Loan Number
1587208408
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$237,600
Current Approval
$237,600
Forgiveness Amount
$238,837
Forgiveness Date
Aug 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Formacoat LLC
Address
2960 Chaska Blvd
City
Chaska
ZIP Code
55318-2285
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$237,598
Utilities
$1

Lender Information

Servicing Lender
Nicolet National Bank
Originating Lender
Nicolet National Bank

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