PPP Loan information for Vinco inc

$2,817,837

Vinco inc was initially approved for PPP Loan of amount $2,817,837, the current approved amount is $2,817,837. The loan was approved on 04/09/2020 by The Frandsen Bank & Trust reported 221 jobs and $2,817,837 was used to fund payroll.

Vinco inc is Existing or more than 2 years old

VINCO INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VINCO INC

Borrower Address

18995 Forest Blvd PO Box 907

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2817837.00

Current Approval Amount

2817837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

221

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

281783.00

Payroll Proceed

2254270.00

Mortgage Interest Proceed

0.00

Rent Proceed

281784.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2853117.86

Forgiveness Date

07/20/2021

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