PPP Loan information for Vencomatic, inc.

$288,200

Vencomatic, inc. was initially approved for PPP Loan of amount $288,200, the current approved amount is $288,200. The loan was approved on 05/07/2020 by The Schaumburg Bank & Trust Company, National Association reported 16 jobs and $288,200 was used to fund payroll.

Vencomatic, inc. is Existing or more than 2 years old

VENCOMATIC, INC.

Date Approved

05/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VENCOMATIC, INC.

Borrower Address

501 VISIONS PKWY

Borrower City

ADEL

Borrower State

IA

Borrower Zip

50003-1668

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288200.00

Current Approval Amount

288200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADEL

Project County Name

DALLAS

Project State

IA

Project Zip

50003-1668

CD

IA-03

Jobs Reported

16

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28820.00

Payroll Proceed

216150.00

Mortgage Interest Proceed

43230.00

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290977.93

Forgiveness Date

04/28/2021

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