PPP Loan information for Vernas tavern inc

$15,687

Vernas tavern inc was initially approved for PPP Loan of amount $15,687, the current approved amount is $15,687. The loan was approved on 01/30/2021 by The First Merchants Bank reported 5 jobs and $15,687 was used to fund payroll.

Vernas tavern inc is Existing or more than 2 years old

PPP Loan Search / MI / Newport / Vernas tavern inc

VERNAS TAVERN INC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VERNAS TAVERN INC

Borrower Address

4642 South St

Borrower City

Newport

Borrower State

MI

Borrower Zip

48166-9742

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15687.00

Current Approval Amount

15687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

MONROE

Project State

MI

Project Zip

48166-9742

CD

MI-05

Jobs Reported

5

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15681.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15774.25

Forgiveness Date

08/30/2021

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