PPP Loan information for Vermeulen furniture, inc.

$422,940

Vermeulen furniture, inc. was initially approved for PPP Loan of amount $422,940, the current approved amount is $422,940. The loan was approved on 04/07/2020 by The County National Bank reported 37 jobs and $422,940 was used to fund payroll.

Vermeulen furniture, inc. is Existing or more than 2 years old

VERMEULEN FURNITURE, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VERMEULEN FURNITURE, INC.

Borrower Address

2105 W. MICHIGAN AVE

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49202-4011

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422940.00

Current Approval Amount

422940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49202-4011

CD

MI-05

Jobs Reported

37

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21147.00

Payroll Proceed

338352.00

Mortgage Interest Proceed

63441.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425912.33

Forgiveness Date

12/28/2020

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