Formac Inc.

$2,642,900 PPP Loan in Fremont, California

Loan Details

Loan Number
4733177201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,642,900
Current Approval
$2,642,900
Forgiveness Amount
$2,672,515
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formac Inc.
Address
3155 Kearney St Suite 210
ZIP Code
94538
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
154
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$2,642,900

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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