PPP Loan information for Vernon milling company inc.

$592,675

Vernon milling company inc. was initially approved for PPP Loan of amount $592,675, the current approved amount is $592,675. The loan was approved on 04/22/2021 by The The Bank of Vernon reported 52 jobs and $592,675 was used to fund payroll.

Vernon milling company inc. is Existing or more than 2 years old

VERNON MILLING COMPANY INC.

Date Approved

04/22/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

VERNON MILLING COMPANY INC.

Borrower Address

44080 HWY 17 S

Borrower City

Vernon

Borrower State

AL

Borrower Zip

35592

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

592675.00

Current Approval Amount

592675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3334

Servicing Lender Name

The Bank of Vernon

Servicing Lender Address

44825 Hwy 17

Servicing Lender City

VERNON

Servicing Lender State

AL

Servicing Lender Zip

35592-5647

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

CD

AL-04

Jobs Reported

52

NAICS Code

484230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

592672.00

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

3334

Originating Lender

The Bank of Vernon

Originating Lender City

VERNON

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

594074.37

Forgiveness Date

07/23/2021

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