PPP Loan information for The vanic company inc

$34,508

The vanic company inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $34,508. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 8 jobs and $34,508 was used to fund payroll.

The vanic company inc is Existing or more than 2 years old

THE VANIC COMPANY INC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE VANIC COMPANY INC

Borrower Address

2550 Crestline Dr

Borrower City

Hellertown

Borrower State

PA

Borrower Zip

18055-3109

Loan Status Date

06/10/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

34508.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hellertown

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18055-3109

CD

PA-07

Jobs Reported

8

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34508.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;