Federal Foam Technologies, Inc.

$3,510,600 PPP Loan in New Richmond, Wisconsin

Loan Details

Loan Number
2478927106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,510,600
Current Approval
$3,510,600
Forgiveness Amount
$3,556,433
Forgiveness Date
Jul 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Federal Foam Technologies, Inc.
Address
600 Wisconsin Drive
ZIP Code
54017-2608
Business Type
Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
281
Estimated Revenue
$278.7M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$3,132,600
Rent
$120,000
Utilities
$200,000
Mortgage Interest
$58,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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