PPP Loan information for Veracity motors, inc.

$126,600

Veracity motors, inc. was initially approved for PPP Loan of amount $141,500, the current approved amount is $126,600. The loan was approved on 04/05/2020 by The BNC National Bank reported 12 jobs and $126,600 was used to fund payroll.

Veracity motors, inc. is Existing or more than 2 years old

PPP Loan Search / ND / BISMARCK / Veracity motors, inc.

VERACITY MOTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VERACITY MOTORS, INC.

Borrower Address

1701 E Main Ave

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58501-4762

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141500.00

Current Approval Amount

126600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-4762

CD

ND-

Jobs Reported

12

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126600.00

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

Subchapter S Corporation

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127356.08

Forgiveness Date

11/20/2020

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