Forming Systems INC

$65,847 PPP Loan in Three Rivers, Michigan

Loan Details

Loan Number
4639287203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$65,847
Current Approval
$65,847
Forgiveness Amount
$66,350
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Forming Systems INC
Address
16298 Oak Ln
ZIP Code
49093-8372
Business Type
Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$53,000
Rent
$3,500
Utilities
$3,200
Health Care
$6,147

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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