Formhals Inc.
$286,400 PPP Loan in Galesburg, Illinois
Loan Details
- Loan Number
- 6271897002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $286,400
- Current Approval
- $286,400
- Forgiveness Amount
- $288,349
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formhals Inc.
- Address
- 2023 Knox Highway 1
- City
- Galesburg
- State
- Illinois
- ZIP Code
- 61401-8847
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $286,400
Lender Information
- Servicing Lender
- Cbi Bank & Trust
- Originating Lender
- Cbi Bank & Trust
Other PPP Loans in Galesburg, IL
| Business | Approved | |
|---|---|---|
| Galesburg Hospital Corporation | $3,428,400 |  AI Deep Dive |
| Achievement Unlimited INC | $2,762,899 | AI Deep Dive |
| West Central Fs, Inc. | $2,681,310 | AI Deep Dive |
| Bridgeway Inc. | $2,428,239 | AI Deep Dive |
| Galesburg Hospital Corporation | $2,000,000 | AI Deep Dive |
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