Formula Corp.
$880,290 PPP Loan in Auburn, Washington
Loan Details
- Loan Number
- 9796867000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $880,290
- Current Approval
- $880,290
- Forgiveness Amount
- $889,276
- Forgiveness Date
- May 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Formula Corp.
- Address
- 4432 C Street NE 0.0
- City
- Auburn
- State
- Washington
- ZIP Code
- 98002-1713
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (325612)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $89.3M
- Rural/Urban
- Urban
- Congressional District
- WA-08
Loan Use Breakdown
- Payroll
- $748,247
- Rent
- $105,634
- Utilities
- $26,409
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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