PPP Loan information for Vdc motors inc.

$510,265

Vdc motors inc. was initially approved for PPP Loan of amount $510,265, the current approved amount is $510,265. The loan was approved on 04/14/2020 by The Synovus Bank reported 36 jobs and $510,265 was used to fund payroll.

Vdc motors inc. is Existing or more than 2 years old

PPP Loan Search / AL / JASPER / Vdc motors inc.

VDC MOTORS INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VDC MOTORS INC.

Borrower Address

4102 Highway 78 east

Borrower City

JASPER

Borrower State

AL

Borrower Zip

35501-8914

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510265.47

Current Approval Amount

510265.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

WALKER

Project State

AL

Project Zip

35501-8914

CD

AL-04

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

510265.47

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

513536.76

Forgiveness Date

12/08/2020

;