PPP Loan information for Vep associates llc

$296,865

Vep associates llc was initially approved for PPP Loan of amount $296,865, the current approved amount is $296,865. The loan was approved on 05/26/2020 by The Hanover Community Bank reported 47 jobs and $296,865 was used to fund payroll.

Vep associates llc is New Business or 2 years or less

PPP Loan Search / NY / Brooklyn / Vep associates llc

VEP ASSOCIATES LLC

Date Approved

05/26/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

VEP ASSOCIATES LLC

Borrower Address

726 Gerald Ct

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11235

Loan Status Date

06/06/2020

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

296865.00

Current Approval Amount

296865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11235-0001

CD

NY-08

Jobs Reported

47

NAICS Code

561612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

296865.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;