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
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
Project County Name
LAKE
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
66778.53
Forgiveness Date
11/03/2021