PPP Loan information for Veldman's service center, inc.

$414,700

Veldman's service center, inc. was initially approved for PPP Loan of amount $414,700, the current approved amount is $414,700. The loan was approved on 04/08/2020 by The Lake City Bank reported 48 jobs and $414,700 was used to fund payroll.

Veldman's service center, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Veldman's service center, inc.

VELDMAN'S SERVICE CENTER, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VELDMAN'S SERVICE CENTER, INC.

Borrower Address

5222 W. WESTERN AVE

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46619-2316

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414700.00

Current Approval Amount

414700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46619-2316

CD

IN-02

Jobs Reported

48

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12686.00

Payroll Proceed

386590.00

Mortgage Interest Proceed

0.00

Rent Proceed

12800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2624

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

417533.78

Forgiveness Date

12/21/2020

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