PPP Loan information for Vmco, inc.

$67,500

Vmco, inc. was initially approved for PPP Loan of amount $67,500, the current approved amount is $67,500. The loan was approved on 04/09/2020 by The Horizon Bank reported 17 jobs and $67,500 was used to fund payroll.

Vmco, inc. is New Business or 2 years or less

VMCO, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VMCO, INC.

Borrower Address

1445 Sauk Trail

Borrower City

CHICAGO HEIGHTS

Borrower State

IL

Borrower Zip

60411

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67500.00

Current Approval Amount

67500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CHICAGO HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60411-1000

CD

IL-02

Jobs Reported

17

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

4500.00

Payroll Proceed

54000.00

Mortgage Interest Proceed

4500.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68180.55

Forgiveness Date

04/28/2021

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