PPP Loan information for Verona industrial equipment llc

$182,800

Verona industrial equipment llc was initially approved for PPP Loan of amount $182,800, the current approved amount is $182,800. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 10 jobs and $182,800 was used to fund payroll.

Verona industrial equipment llc is Existing or more than 2 years old

VERONA INDUSTRIAL EQUIPMENT LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VERONA INDUSTRIAL EQUIPMENT LLC

Borrower Address

840 Motor Dr

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843-3900

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182800.00

Current Approval Amount

182800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-3900

CD

MI-07

Jobs Reported

10

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

182797.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

183646.39

Forgiveness Date

08/02/2021

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