PPP Loan information for Vernon nagel, inc

$1,129,700

Vernon nagel, inc was initially approved for PPP Loan of amount $1,129,700, the current approved amount is $1,129,700. The loan was approved on 04/07/2020 by The The Farmers & Merchants State Bank reported 62 jobs and $1,129,700 was used to fund payroll.

Vernon nagel, inc is Existing or more than 2 years old

PPP Loan Search / OH / NAPOLEON / Vernon nagel, inc

VERNON NAGEL, INC

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VERNON NAGEL, INC

Borrower Address

0154 CR 11-C

Borrower City

NAPOLEON

Borrower State

OH

Borrower Zip

43545

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1129700.00

Current Approval Amount

1129700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPOLEON

Project County Name

HENRY

Project State

OH

Project Zip

43545-0001

CD

OH-05

Jobs Reported

62

NAICS Code

237310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1069735.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59965.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1136571.05

Forgiveness Date

11/25/2020

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