PPP Loan information for Vernon powell shoe company

$396,247

Vernon powell shoe company was initially approved for PPP Loan of amount $396,247, the current approved amount is $396,247. The loan was approved on 01/21/2021 by The Hebron Savings Bank reported 56 jobs and $396,247 was used to fund payroll.

Vernon powell shoe company is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Vernon powell shoe company

VERNON POWELL SHOE COMPANY

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

VERNON POWELL SHOE COMPANY

Borrower Address

2401 E Naylor Mill Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804-2315

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396247.00

Current Approval Amount

396247.00

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

21804-2315

CD

MD-01

Jobs Reported

56

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

396245.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398173.20

Forgiveness Date

07/27/2021

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