Formcut Industries INC
$278,200 PPP Loan in Newark, New Jersey
Loan Details
- Loan Number
- 8966487700
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $278,200
- Current Approval
- $278,200
- Forgiveness Amount
- $281,660
- Forgiveness Date
- Aug 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formcut Industries INC
- Address
- 197 Mt. Pleasant Avenue
- City
- Newark
- State
- New Jersey
- ZIP Code
- 07104
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332618)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- NJ-10
Loan Use Breakdown
- Payroll
- $278,200
Lender Information
- Servicing Lender
- Customers Bank
- Originating Lender
- Customers Bank
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