PPP Loan information for Versatile flooring, inc.

$12,500

Versatile flooring, inc. was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 05/15/2020 by The First Bank reported 1 jobs and $12,500 was used to fund payroll.

Versatile flooring, inc. is Existing or more than 2 years old

VERSATILE FLOORING, INC.

Date Approved

05/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VERSATILE FLOORING, INC.

Borrower Address

14603 Greenbelt Circle

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50323-2529

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50323-2529

CD

IA-03

Jobs Reported

1

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

11500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

500

Business Type

Subchapter S Corporation

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12591.67

Forgiveness Date

02/10/2021

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