PPP borrower record

FORMATION AG INC PPP loan record

Public SBA PPP loan record for FORMATION AG INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$151,980
Approved amount
$152,496
Forgiven amount
2021-02-09
Date approved

Borrower and loan details

Borrower
FORMATION AG INC
Loan number
5834238402
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Monte Vista
Borrower state
Colorado
Borrower ZIP
81144
Jobs reported
8
Loan status
Exemption 4
Forgiveness date
2021-06-15
Servicing lender
San Luis Valley Federal Bank
Originating lender
San Luis Valley Federal Bank

Reported use of proceeds

Payroll
$151,978
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.