Formetco Incorporated
$1,183,400 PPP Loan in Duluth, Georgia
Loan Details
- Loan Number
- 8434658404
- Date Approved
- Feb 13, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,183,400
- Current Approval
- $1,183,400
- Forgiveness Amount
- $1,189,560
- Forgiveness Date
- Aug 26, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Formetco Incorporated
- Address
- 2963 Pleasant Hill Rd
- City
- Duluth
- State
- Georgia
- ZIP Code
- 30096-3808
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339950)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $25.1M
- Rural/Urban
- Urban
- Congressional District
- GA-07
Loan Use Breakdown
- Payroll
- $1,183,398
- Utilities
- $1
Lender Information
- Servicing Lender
- United Community Bank
- Originating Lender
- United Community Bank
Other PPP Loans in Duluth, GA
| Business | Approved | |
|---|---|---|
| National Dcp, LLC | $10,000,000 | |
| C2 Educational Systems, Inc. | $10,000,000 | |
| Nth Degree, Inc. | $9,107,100 | |
| Eshai Corporation | $7,084,300 | |
| Datapath, Inc. | $6,857,800 |
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