PPP Loan information for Ver-mac industries, inc.

$672,865

Ver-mac industries, inc. was initially approved for PPP Loan of amount $672,865, the current approved amount is $672,865. The loan was approved on 04/15/2020 by The The Park National Bank reported 77 jobs and $672,865 was used to fund payroll.

Ver-mac industries, inc. is Existing or more than 2 years old

PPP Loan Search / OH / MOUNT VERNON / Ver-mac industries, inc.

VER-MAC INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VER-MAC INDUSTRIES, INC.

Borrower Address

100 PROGRESS DR

Borrower City

MOUNT VERNON

Borrower State

OH

Borrower Zip

43050-4700

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672865.00

Current Approval Amount

672865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

KNOX

Project State

OH

Project Zip

43050-4700

CD

OH-12

Jobs Reported

77

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

520865.00

Mortgage Interest Proceed

0.00

Rent Proceed

102000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

676349.15

Forgiveness Date

11/03/2020

;