PPP Loan information for Vernon area rehabilitation center, inc.

$1,271,500

Vernon area rehabilitation center, inc. was initially approved for PPP Loan of amount $1,271,500, the current approved amount is $1,271,500. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 479 jobs and $1,271,500 was used to fund payroll.

Vernon area rehabilitation center, inc. is Existing or more than 2 years old

PPP Loan Search / WI / VIROQUA / Vernon area rehabilitation center, inc.

VERNON AREA REHABILITATION CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VERNON AREA REHABILITATION CENTER, INC.

Borrower Address

1133 Nelson Parkway

Borrower City

VIROQUA

Borrower State

WI

Borrower Zip

54665-1954

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1271500.00

Current Approval Amount

1271500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIROQUA

Project County Name

VERNON

Project State

WI

Project Zip

54665-1954

CD

WI-03

Jobs Reported

479

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63575.00

Payroll Proceed

1169780.00

Mortgage Interest Proceed

0.00

Rent Proceed

38145.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1279023.04

Forgiveness Date

11/17/2020

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