PPP Loan information for Vadatech incorporated

$1,881,575

Vadatech incorporated was initially approved for PPP Loan of amount $1,881,575, the current approved amount is $1,881,575. The loan was approved on 04/14/2020 by The Bank of America, National Association reported 126 jobs and $1,881,575 was used to fund payroll.

Vadatech incorporated is New Business or 2 years or less

VADATECH INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

VADATECH INCORPORATED

Borrower Address

198 N GIBSON RD

Borrower City

HENDERSON

Borrower State

NV

Borrower Zip

89014-6712

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1881575.00

Current Approval Amount

1881575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HENDERSON

Project County Name

CLARK

Project State

NV

Project Zip

89014-6712

CD

NV-01

Jobs Reported

126

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1881575.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1899408.27

Forgiveness Date

03/31/2021

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