Date Approved
04/05/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
VERACITY MOTORS, INC.
Borrower Address
1701 E Main Ave
Borrower City
BISMARCK
Borrower State
ND
Borrower Zip
58501-4762
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
141500.00
Current Approval Amount
126600.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
224982
Servicing Lender Name
BNC National Bank
Servicing Lender Address
20175 N 67th Ave
Servicing Lender City
GLENDALE
Servicing Lender State
AZ
Servicing Lender Zip
85308-7000
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BURLEIGH
Project State
Project Zip
CD
ND-
Jobs Reported
12
NAICS Code
441120
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
127356.08
Forgiveness Date
11/20/2020