Formosa Polymer Corporation

$57,507 PPP Loan in Maspeth, New York

Loan Details

Loan Number
3672347401
Date Approved
May 7, 2020
Loan Status
Paid in Full
Initial Approval
$57,507
Current Approval
$57,507
Forgiveness Amount
$58,078
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formosa Polymer Corporation
Address
56-41 55th Avenue
ZIP Code
11378
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$43,130
Utilities
$7,188
Mortgage Interest
$7,188

Lender Information

Servicing Lender
Square Capital, LLC
Originating Lender
Celtic Bank Corporation

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