PPP Loan information for Vermeer inc

$40,500

Vermeer inc was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 01/30/2021 by The American State Bank reported 8 jobs and $40,500 was used to fund payroll.

Vermeer inc is Existing or more than 2 years old

VERMEER INC

Date Approved

01/30/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

VERMEER INC

Borrower Address

3248 420th St

Borrower City

Sioux Center

Borrower State

IA

Borrower Zip

51250-7533

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Center

Project County Name

SIOUX

Project State

IA

Project Zip

51250-7533

CD

IA-04

Jobs Reported

8

NAICS Code

112111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40497.00

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

Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40706.38

Forgiveness Date

08/11/2021

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