PPP Loan information for Vernon powell shoe co inc

$375,000

Vernon powell shoe co inc was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/07/2020 by The Hebron Savings Bank reported 45 jobs and $375,000 was used to fund payroll.

Vernon powell shoe co inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Vernon powell shoe co inc

VERNON POWELL SHOE CO INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VERNON POWELL SHOE CO INC

Borrower Address

2401 E Naylor Mill Rd

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-2101

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-2101

CD

MD-01

Jobs Reported

45

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

379395.83

Forgiveness Date

06/17/2021

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