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

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