PPP Loan information for Vernon machine and welding corporation

$95,514

Vernon machine and welding corporation was initially approved for PPP Loan of amount $95,514, the current approved amount is $95,514. The loan was approved on 04/10/2020 by The Avadian CU reported 19 jobs and $95,514 was used to fund payroll.

Vernon machine and welding corporation is Existing or more than 2 years old

VERNON MACHINE AND WELDING CORPORATION

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VERNON MACHINE AND WELDING CORPORATION

Borrower Address

275 Industrial Drive

Borrower City

VERNON

Borrower State

AL

Borrower Zip

35592-5120

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95514.00

Current Approval Amount

95514.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91100

Servicing Lender Name

Avadian CU

Servicing Lender Address

1 Riverchase Pkwy S

Servicing Lender City

HOOVER

Servicing Lender State

AL

Servicing Lender Zip

35244-2008

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERNON

Project County Name

LAMAR

Project State

AL

Project Zip

35592-5120

CD

AL-04

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95514.00

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

Corporation

Originating Lender Location Id

91100

Originating Lender

Avadian CU

Originating Lender City

HOOVER

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96360.36

Forgiveness Date

03/08/2021

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