PPP Loan information for Virtual marketing strategies, inc.

$2,105,700

Virtual marketing strategies, inc. was initially approved for PPP Loan of amount $2,105,700, the current approved amount is $2,105,700. The loan was approved on 04/28/2020 by The Lake City Bank reported 94 jobs and $2,105,700 was used to fund payroll.

Virtual marketing strategies, inc. is Existing or more than 2 years old

VIRTUAL MARKETING STRATEGIES, INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VIRTUAL MARKETING STRATEGIES, INC.

Borrower Address

501 PENNSYLVANIA PKWY Suite 100

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46280-1377

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2105700.00

Current Approval Amount

2105700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

HAMILTON

Project State

IN

Project Zip

46280-1377

CD

IN-05

Jobs Reported

94

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1591250.00

Mortgage Interest Proceed

0.00

Rent Proceed

304050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

210400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2129330.63

Forgiveness Date

06/15/2021

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