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 02/17/2021 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

02/17/2021

SBA Office Code

0515

Processing Method

PPS

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

60

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

1.00

Payroll Proceed

422934.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

426029.81

Forgiveness Date

11/15/2021

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