# PPP loan: FORMDECOR INC.
> **$333K** approved 02/22/2021 · Paid in Full · Loan `2926888500`
## Borrower
- **Name:** FORMDECOR INC.
- **Address:** 5600 Argosy Ave Ste 200, Huntington Beach, CA, 92649-1061
- **NAICS:** 532289
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $322K (97%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $333K
- **Utilities:** $1
- **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*