# PPP loan: FORMRITE COMPANIES
> **$1.06M** approved 01/28/2021 · Paid in Full · Loan `7598128302`
## Borrower
- **Name:** FORMRITE COMPANIES
- **Address:** 408 Columbus St, Two Rivers, WI, 54241-3644
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Utilities:** $1
- **Jobs reported:** 118
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*