Formation Ag Inc.
$151,980 PPP Loan in Monte Vista, Colorado
Loan Details
- Loan Number
- 7338857110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $151,980
- Current Approval
- $151,980
- Forgiveness Amount
- $153,167
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formation Ag Inc.
- Address
- 1021 US Highway 285
- City
- Monte Vista
- State
- Colorado
- ZIP Code
- 81144-9793
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333111)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 13
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- CO-03
Loan Use Breakdown
- Payroll
- $136,782
- Utilities
- $4,559
- Mortgage Interest
- $10,639
Lender Information
- Servicing Lender
- San Luis Valley Federal Bank
- Originating Lender
- San Luis Valley Federal Bank
Other PPP Loans in Monte Vista, CO
| Business | Approved | |
|---|---|---|
| The Monte Vista Cooperative | $1,837,100 | |
| Grower-Shipper Potato Company | $533,000 | |
| Worley & Mccullough, Inc. | $485,779 | |
| Worley & Mccullough INC | $464,784 | |
| Growers Sales and Marketing, LLC | $442,346 |
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