PPP Loan information for Vda inc

$500,000

Vda inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/13/2020 by The Cambridge Trust Company reported 26 jobs and $500,000 was used to fund payroll.

Vda inc is Existing or more than 2 years old

VDA INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VDA INC

Borrower Address

63 Inner Belt Rd Somerville Ma 02143-4415

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-4415

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-4415

CD

MA-07

Jobs Reported

26

NAICS Code

541490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503277.78

Forgiveness Date

12/15/2020

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