PPP Loan information for Veranda marine, inc.

$605,000

Veranda marine, inc. was initially approved for PPP Loan of amount $605,000, the current approved amount is $605,000. The loan was approved on 04/05/2020 by The Relyance Bank reported 103 jobs and $605,000 was used to fund payroll.

Veranda marine, inc. is Existing or more than 2 years old

VERANDA MARINE, INC.

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

VERANDA MARINE, INC.

Borrower Address

1392 REMMEL DAM RD

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104-8733

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605000.00

Current Approval Amount

605000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4672

Servicing Lender Name

Relyance Bank

Servicing Lender Address

8500 Sheridan Rd

Servicing Lender City

White Hall

Servicing Lender State

AR

Servicing Lender Zip

71602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-8733

CD

AR-04

Jobs Reported

103

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

605000.00

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

Subchapter S Corporation

Originating Lender Location Id

4672

Originating Lender

Relyance Bank

Originating Lender City

White Hall

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

609789.58

Forgiveness Date

01/27/2021

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