Formulatrix, INC

$1,251,712 PPP Loan in Bedford, Massachusetts

Loan Details

Loan Number
7258317003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,251,712
Current Approval
$1,251,712
Forgiveness Amount
$1,267,590
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formulatrix, INC
Address
10 Deangelo Dr
ZIP Code
01730-2204
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334516)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$1,251,712

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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