PPP Loan information for Verona industrial equipment llc

$157,400

Verona industrial equipment llc was initially approved for PPP Loan of amount $157,400, the current approved amount is $157,400. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 10 jobs and $157,400 was used to fund payroll.

Verona industrial equipment llc is Existing or more than 2 years old

PPP Loan Search / MI / Howell / Verona industrial equipment llc

VERONA INDUSTRIAL EQUIPMENT LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VERONA INDUSTRIAL EQUIPMENT LLC

Borrower Address

840 Motor Dr

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157400.00

Current Approval Amount

157400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-1000

CD

MI-07

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

144400.00

Mortgage Interest Proceed

0.00

Rent Proceed

9900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2100

Business Type

Subchapter S Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158335.78

Forgiveness Date

12/04/2020

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