PPP Loan information for Verwest contracting, inc.

$88,200

Verwest contracting, inc. was initially approved for PPP Loan of amount $88,200, the current approved amount is $88,200. The loan was approved on 04/07/2020 by The Dakota Heritage Bank reported 5 jobs and $88,200 was used to fund payroll.

Verwest contracting, inc. is Existing or more than 2 years old

VERWEST CONTRACTING, INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VERWEST CONTRACTING, INC.

Borrower Address

603 1ST ST WEST

Borrower City

HUNTER

Borrower State

ND

Borrower Zip

58048-4120

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88200.00

Current Approval Amount

88200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTER

Project County Name

CASS

Project State

ND

Project Zip

58048-4120

CD

ND-

Jobs Reported

5

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3700.00

Payroll Proceed

79600.00

Mortgage Interest Proceed

1230.00

Rent Proceed

3670.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88876.60

Forgiveness Date

01/20/2021

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