PPP borrower record
FORMULA FORD INC PPP loan record
Public SBA PPP loan record for FORMULA FORD INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$503,647
Approved amount
$506,991
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
FORMULA FORD INC
Loan number
6541217009
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Montpelier
Borrower state
Vermont
Borrower ZIP
05602
Jobs reported
38
Loan status
Exemption 4
Forgiveness date
2020-12-09
Servicing lender
Northfield Savings Bank
Originating lender
Northfield Savings Bank
Reported use of proceeds
Payroll
$503,647
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
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.