PPP Loan information for Vantec, inc

$1,878,500

Vantec, inc was initially approved for PPP Loan of amount $2,053,300, the current approved amount is $1,878,500. The loan was approved on 04/03/2020 by The First State Bank reported 196 jobs and $1,878,500 was used to fund payroll.

Vantec, inc is Existing or more than 2 years old

PPP Loan Search / IA / WEBSTER CITY / Vantec, inc

VANTEC, INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VANTEC, INC

Borrower Address

205 CLOZ DRIVE

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-3205

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2053300.00

Current Approval Amount

1878500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-3205

CD

IA-04

Jobs Reported

196

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1878500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1879403.85

Forgiveness Date

11/13/2020

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