Best Formula Insurance Services, Inc.

$99,602 PPP Loan in El Monte, California

Loan Details

Loan Number
2488387702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$99,602
Current Approval
$99,602
Forgiveness Amount
$100,806
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Best Formula Insurance Services, Inc.
Address
3560 Santa Anita Ave Ste K
ZIP Code
91731
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$61.7M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$79,682
Rent
$11,808
Utilities
$2,190
Health Care
$5,922

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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