PPP Loan information for Vector distribution llc

$639,000

Vector distribution llc was initially approved for PPP Loan of amount $639,000, the current approved amount is $639,000. The loan was approved on 04/11/2020 by The Independent Bank reported 86 jobs and $639,000 was used to fund payroll.

Vector distribution llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Vector distribution llc

VECTOR DISTRIBUTION LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VECTOR DISTRIBUTION LLC

Borrower Address

1642 BROADWAY AVE Ste 300

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-2046

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639000.00

Current Approval Amount

639000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-2046

CD

MI-03

Jobs Reported

86

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

639000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

643569.29

Forgiveness Date

01/07/2021

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