# PPP loan: FORMDECOR, INC.
> **$325K** approved 04/10/2020 · Paid in Full · Loan `2430427110`
## Borrower
- **Name:** FORMDECOR, INC.
- **Address:** 5600 Argosy Cir Suite 200, HUNTINGTON BEACH, CA, 92649-1000
- **NAICS:** 532289
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $300K (92%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 28
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*