PPP Loan information for V & l repair inc

$32,885

V & l repair inc was initially approved for PPP Loan of amount $32,885, the current approved amount is $32,885. The loan was approved on 04/27/2020 by The Vermillion State Bank reported 2 jobs and $32,885 was used to fund payroll.

V & l repair inc is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / V & l repair inc

V & L REPAIR INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

V & L REPAIR INC

Borrower Address

9975 170th St E

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32885.00

Current Approval Amount

32885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-0001

CD

MN-02

Jobs Reported

2

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

785.00

Payroll Proceed

26308.00

Mortgage Interest Proceed

340.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5452.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33064.04

Forgiveness Date

11/17/2020

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