PPP Loan information for Venuworks inc

$492,965

Venuworks inc was initially approved for PPP Loan of amount $492,965, the current approved amount is $492,965. The loan was approved on 02/24/2021 by The Availa Bank reported 23 jobs and $492,965 was used to fund payroll.

Venuworks inc is Existing or more than 2 years old

VENUWORKS INC

Date Approved

02/24/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

VENUWORKS INC

Borrower Address

4611 Mortensen Rd Ste 111

Borrower City

Ames

Borrower State

IA

Borrower Zip

50014-6226

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

492964.87

Current Approval Amount

492964.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

STORY

Project State

IA

Project Zip

50014-6226

CD

IA-04

Jobs Reported

23

NAICS Code

711310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

492963.87

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

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

496278.69

Forgiveness Date

11/08/2021

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