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Formula Design, Inc.

Details

Name: Formula Design, Inc.
Jurisdiction: Alabama
Legal type: Domestic Corporation
Status: Exists
Date of registration: 30 Jan 2018 (7 years ago)
Entity Number: 000-509-541
Register Number: 000509541
ZIP code: 35211
County: Jefferson
Place of Formation: Jefferson County
Principal Address: 133 WEST PARK DRIVEBIRMINGHAM, AL 35211
Authorized Capital: 1,000 @ $1/PV

Activities COMMERCIAL SIGNAGE DESIGN;ANY/ALL LAWFUL BUSINESS

Agent

Name Role
GILBERT, TYLER A Agent

Director

Name Role Address
FRAVERT, W CRAIG Director 133 WEST PARK DRIVEBIRMINGHAM, AL 35211

Incorporator

Name Role Address
WINBORN, WESLEY K Incorporator 800 SHADES CREEK PARKWAY, SUITE 400BIRMINGHAM, AL 35209

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6771837002 2020-04-07 0459 PPP 125 W PARK DR, BIRMINGHAM, AL, 35211-4470
Loan Status Date 2020-06-05
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 65000
Loan Approval Amount (current) 65000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 455251
Servicing Lender Name Oakworth Capital Bank
Servicing Lender Address 850 Shades Creek Pkwy, BIRMINGHAM, AL, 35209-4460
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address BIRMINGHAM, JEFFERSON, AL, 35211-4470
Project Congressional District AL-07
Number of Employees 5
NAICS code 541430
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 455251
Originating Lender Name Oakworth Capital Bank
Originating Lender Address BIRMINGHAM, AL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 65400.83
Forgiveness Paid Date 2020-11-24

Date of last update: 14 Aug 2024

Sources: Alabama Secretary of State