PPP Loan information for Vermeer sales & service, inc.

$711,952

Vermeer sales & service, inc. was initially approved for PPP Loan of amount $711,952, the current approved amount is $711,952. The loan was approved on 04/09/2020 by The Marion County State Bank reported 46 jobs and $711,952 was used to fund payroll.

Vermeer sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / IA / PELLA / Vermeer sales & service, inc.

VERMEER SALES & SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VERMEER SALES & SERVICE, INC.

Borrower Address

661 HWY T14

Borrower City

PELLA

Borrower State

IA

Borrower Zip

50219

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711952.00

Current Approval Amount

711952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25371

Servicing Lender Name

Marion County State Bank

Servicing Lender Address

800 Main St

Servicing Lender City

PELLA

Servicing Lender State

IA

Servicing Lender Zip

50219-1522

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELLA

Project County Name

MARION

Project State

IA

Project Zip

50219-0001

CD

IA-01

Jobs Reported

46

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

711952.00

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

25371

Originating Lender

Marion County State Bank

Originating Lender City

PELLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

716964.92

Forgiveness Date

12/31/2020

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