PPP Loan information for Vanar inc

$291,476

Vanar inc was initially approved for PPP Loan of amount $291,476, the current approved amount is $291,476. The loan was approved on 02/17/2021 by The Southern Bank and Trust Company reported 22 jobs and $291,476 was used to fund payroll.

Vanar inc is Existing or more than 2 years old

VANAR INC

Date Approved

02/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

VANAR INC

Borrower Address

244 S Stratford Rd

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27103-1818

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291476.00

Current Approval Amount

291476.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-1818

CD

NC-05

Jobs Reported

22

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

291471.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

294406.95

Forgiveness Date

02/23/2022

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