PPP Loan information for Veracity machine

$178,000

Veracity machine was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 04/04/2020 by The BOM Bank reported 10 jobs and $178,000 was used to fund payroll.

Veracity machine is Existing or more than 2 years old

PPP Loan Search / LA / MADISONVILLE / Veracity machine

VERACITY MACHINE

Date Approved

04/04/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VERACITY MACHINE

Borrower Address

101 ASHLAND WAY

Borrower City

MADISONVILLE

Borrower State

LA

Borrower Zip

70447-3357

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28699

Servicing Lender Name

BOM Bank

Servicing Lender Address

814 Washington St

Servicing Lender City

NATCHITOCHES

Servicing Lender State

LA

Servicing Lender Zip

71457-4728

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISONVILLE

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70447-3357

CD

LA-01

Jobs Reported

10

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28699

Originating Lender

BOM Bank

Originating Lender City

NATCHITOCHES

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128595.80

Forgiveness Date

03/07/2022

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