PPP Loan information for V formation technologies, llc

$375,000

V formation technologies, llc was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/14/2020 by The TowneBank reported 18 jobs and $375,000 was used to fund payroll.

V formation technologies, llc is New Business or 2 years or less

V FORMATION TECHNOLOGIES, LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

V FORMATION TECHNOLOGIES, LLC

Borrower Address

4242 Six Fords Road Suite 1550

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-0008

CD

NC-02

Jobs Reported

18

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378541.67

Forgiveness Date

03/31/2021

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