PPP Loan information for Vrc, inc.

$369,200

Vrc, inc. was initially approved for PPP Loan of amount $369,200, the current approved amount is $369,200. The loan was approved on 04/08/2020 by The The Farmers National Bank of Canfield reported 35 jobs and $369,200 was used to fund payroll.

Vrc, inc. is Existing or more than 2 years old

VRC, INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VRC, INC.

Borrower Address

696 W BAGLEY RD

Borrower City

BEREA

Borrower State

OH

Borrower Zip

44017-1350

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369200.00

Current Approval Amount

369200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEREA

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44017-1350

CD

OH-07

Jobs Reported

35

NAICS Code

333318

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369200.00

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374091.90

Forgiveness Date

08/04/2021

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