Formetco, Incorporated
$1,355,500 PPP Loan in Duluth, Georgia
Loan Details
- Loan Number
- 9016227105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,355,500
- Current Approval
- $1,355,500
- Forgiveness Amount
- $1,362,630
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formetco, Incorporated
- Address
- 2963 Pleasant Hill Road
- City
- Duluth
- State
- Georgia
- ZIP Code
- 30096
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339950)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 128
- Estimated Revenue
- $35.7M
- Rural/Urban
- Urban
- Congressional District
- GA-07
Loan Use Breakdown
- Payroll
- $1,355,500
Lender Information
- Servicing Lender
- United Community Bank
- Originating Lender
- United Community Bank
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