FORMOSA FOOD SYSTEM INC (GU) - 2020 PPP Loan Borrower Profile (# 1804067404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FORMOSA FOOD SYSTEM INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Guam.

Loan Detail

Loan Number

1804067404

SBA Office Code

0951

Processing Method

PPP

Curent Loan Amount

$14,385

Date Loan was Approved

May 4, 2020

Amount Forgiven

$14,569.44

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

14,385

Lender

Community First Guam Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

999990

Borrower Location

TAMUNING, GU

Project Location

TAMUNING, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.