PPP Loan information for Versatile industries v, llc

$297,900

Versatile industries v, llc was initially approved for PPP Loan of amount $297,900, the current approved amount is $297,900. The loan was approved on 04/14/2020 by The Customers Bank reported 27 jobs and $297,900 was used to fund payroll.

Versatile industries v, llc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Versatile industries v, llc

VERSATILE INDUSTRIES V, LLC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

VERSATILE INDUSTRIES V, LLC

Borrower Address

11017 W County Rd 60

Borrower City

Midland

Borrower State

TX

Borrower Zip

79707

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297900.00

Current Approval Amount

297900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-0001

CD

TX-11

Jobs Reported

27

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299973.06

Forgiveness Date

01/20/2021

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