PPP Loan information for Verschoor meats inc.

$421,600

Verschoor meats inc. was initially approved for PPP Loan of amount $421,600, the current approved amount is $421,600. The loan was approved on 04/10/2020 by The Northwest Bank reported 64 jobs and $421,600 was used to fund payroll.

Verschoor meats inc. is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CITY / Verschoor meats inc.

VERSCHOOR MEATS INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VERSCHOOR MEATS INC.

Borrower Address

1401 Bluff Rd. PO Box 2410

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51106-5822

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421600.00

Current Approval Amount

421600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51106-5822

CD

IA-04

Jobs Reported

64

NAICS Code

311612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40000.00

Payroll Proceed

376600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

423895.38

Forgiveness Date

11/03/2020

;