PPP Loan information for Vb franchise development, llc

$406,542

Vb franchise development, llc was initially approved for PPP Loan of amount $406,542, the current approved amount is $406,542. The loan was approved on 04/29/2020 by The Trustmark National Bank reported 65 jobs and $406,542 was used to fund payroll.

Vb franchise development, llc is Existing or more than 2 years old

VB FRANCHISE DEVELOPMENT, LLC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VB FRANCHISE DEVELOPMENT, LLC

Borrower Address

1322 BRINDWOOD LN

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-6904

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406541.67

Current Approval Amount

406541.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-6904

CD

AL-05

Jobs Reported

65

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406541.67

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411871.88

Forgiveness Date

08/23/2021

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