PPP Loan information for Vertex manufacturing corporation

$85,208

Vertex manufacturing corporation was initially approved for PPP Loan of amount $85,208, the current approved amount is $85,208. The loan was approved on 04/15/2020 by The Cadence Bank reported 7 jobs and $85,208 was used to fund payroll.

Vertex manufacturing corporation is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / Vertex manufacturing corporation

VERTEX MANUFACTURING CORPORATION

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

VERTEX MANUFACTURING CORPORATION

Borrower Address

8341 INDUSTRIAL DR

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85207.50

Current Approval Amount

85207.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-0001

CD

MS-01

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85207.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86066.68

Forgiveness Date

04/21/2021

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