Formation Ag INC

$151,980 PPP Loan in Monte Vista, Colorado

Loan Details

Loan Number
5834238402
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$151,980
Current Approval
$151,980
Forgiveness Amount
$152,496
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Formation Ag INC
Address
1021 US Highway 285 N
ZIP Code
81144-9793
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$151,978
Utilities
$1

Lender Information

Servicing Lender
San Luis Valley Federal Bank
Originating Lender
San Luis Valley Federal Bank

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