PPP Loan information for Vsm abrasives corporation

$2,000,000

Vsm abrasives corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/19/2021 by The Enterprise Bank & Trust reported 148 jobs and $2,000,000 was used to fund payroll.

Vsm abrasives corporation is Existing or more than 2 years old

PPP Loan Search / MO / O Fallon / Vsm abrasives corporation

VSM ABRASIVES CORPORATION

Date Approved

02/19/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

VSM ABRASIVES CORPORATION

Borrower Address

1012 E Wabash St

Borrower City

O Fallon

Borrower State

MO

Borrower Zip

63366-2774

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

O Fallon

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63366-2774

CD

MO-03

Jobs Reported

148

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2006944.44

Forgiveness Date

07/08/2021

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