PPP Loan information for Vachon industries inc.

$92,183

Vachon industries inc. was initially approved for PPP Loan of amount $92,183, the current approved amount is $92,183. The loan was approved on 05/04/2020 by The Southern Michigan Bank & Trust reported 34 jobs and $92,183 was used to fund payroll.

Vachon industries inc. is Existing or more than 2 years old

VACHON INDUSTRIES INC.

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VACHON INDUSTRIES INC.

Borrower Address

580 Race Street

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-2122

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92183.00

Current Approval Amount

92183.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLDWATER

Project County Name

BRANCH

Project State

MI

Project Zip

49036-2122

CD

MI-07

Jobs Reported

34

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92183.00

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

Subchapter S Corporation

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92965.92

Forgiveness Date

03/22/2021

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