Formidable Labs, Inc.

$1,161,662 PPP Loan in Seattle, Washington

Loan Details

Loan Number
2609507110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,161,662
Current Approval
$1,161,662
Forgiveness Amount
$1,168,777
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Formidable Labs, Inc.
Address
146 N Canal St Ste 320
ZIP Code
98103
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
WA-07

Loan Use Breakdown

Payroll
$1,014,118
Rent
$68,674
Health Care
$78,870

Lender Information

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

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