PPP Loan information for Verlan brand

$20,685

Verlan brand was initially approved for PPP Loan of amount $20,685, the current approved amount is $20,685. The loan was approved on 01/22/2021 by The First State Bank reported 1 jobs and $20,685 was used to fund payroll.

Verlan brand is Existing or more than 2 years old

VERLAN BRAND

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VERLAN BRAND

Borrower Address

3725 E 156th St S

Borrower City

Grinnell

Borrower State

IA

Borrower Zip

50112-7544

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20685.00

Current Approval Amount

20685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25209

Servicing Lender Name

First State Bank

Servicing Lender Address

413 East St

Servicing Lender City

LYNNVILLE

Servicing Lender State

IA

Servicing Lender Zip

50153-8553

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grinnell

Project County Name

JASPER

Project State

IA

Project Zip

50112-7544

CD

IA-01

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20685.00

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

Sole Proprietorship

Originating Lender Location Id

25209

Originating Lender

First State Bank

Originating Lender City

LYNNVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20761.42

Forgiveness Date

06/15/2021

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