PPP Loan information for Vertical technologies inc

$228,500

Vertical technologies inc was initially approved for PPP Loan of amount $228,500, the current approved amount is $228,500. The loan was approved on 02/17/2021 by The PNC Bank, National Association reported 16 jobs and $228,500 was used to fund payroll.

Vertical technologies inc is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Vertical technologies inc

VERTICAL TECHNOLOGIES INC

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VERTICAL TECHNOLOGIES INC

Borrower Address

12901 Stephens Rd 12901 Stephens Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-4333

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228500.00

Current Approval Amount

228500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-4333

CD

MI-10

Jobs Reported

16

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228497.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230689.79

Forgiveness Date

02/03/2022

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