PPP Loan information for Versitec manufacturing inc.

$66,411

Versitec manufacturing inc. was initially approved for PPP Loan of amount $66,411, the current approved amount is $66,411. The loan was approved on 03/31/2021 by The Customers Bank reported 7 jobs and $66,411 was used to fund payroll.

Versitec manufacturing inc. is Existing or more than 2 years old

VERSITEC MANUFACTURING INC.

Date Approved

03/31/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

VERSITEC MANUFACTURING INC.

Borrower Address

152 Elevator Ave N/A

Borrower City

Painesville

Borrower State

OH

Borrower Zip

44077-3610

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66411.00

Current Approval Amount

66411.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Painesville

Project County Name

LAKE

Project State

OH

Project Zip

44077-3610

CD

OH-14

Jobs Reported

7

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66409.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66778.53

Forgiveness Date

11/03/2021

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