Formulafolio Investment LLC

$1,817,450 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7306667107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,817,450
Current Approval
$1,817,450
Forgiveness Amount
$1,601,479
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Formulafolio Investment LLC
Address
89 Ionia Ave NW Ste 600
ZIP Code
49503
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (523920)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$44.7M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$1,817,450

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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