PPP Loan information for Vcmech llc

$216,200

Vcmech llc was initially approved for PPP Loan of amount $216,200, the current approved amount is $216,200. The loan was approved on 04/15/2020 by The Peoples Bank reported 18 jobs and $216,200 was used to fund payroll.

Vcmech llc is New Business or 2 years or less

VCMECH LLC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VCMECH LLC

Borrower Address

1125 SPEEDWAY BLVD

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28146

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216200.00

Current Approval Amount

216200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28146-0001

CD

NC-08

Jobs Reported

18

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216200.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218638.26

Forgiveness Date

06/10/2021

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