PPP Loan information for Vertical turbine specialists inc

$688,240

Vertical turbine specialists inc was initially approved for PPP Loan of amount $688,240, the current approved amount is $688,240. The loan was approved on 01/17/2021 by The Town Center Bank reported 50 jobs and $688,240 was used to fund payroll.

Vertical turbine specialists inc is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / Vertical turbine specialists inc

VERTICAL TURBINE SPECIALISTS INC

Date Approved

01/17/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

VERTICAL TURBINE SPECIALISTS INC

Borrower Address

1802 E 50th St

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79404-4004

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

688239.58

Current Approval Amount

688239.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443578

Servicing Lender Name

Town Center Bank

Servicing Lender Address

20181 S LaGrange Rd

Servicing Lender City

FRANKFORT

Servicing Lender State

IL

Servicing Lender Zip

60423-3102

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lubbock

Project County Name

LUBBOCK

Project State

TX

Project Zip

79404-4004

CD

TX-19

Jobs Reported

50

NAICS Code

333611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

688237.58

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

Corporation

Originating Lender Location Id

443578

Originating Lender

Town Center Bank

Originating Lender City

FRANKFORT

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

693133.73

Forgiveness Date

10/06/2021

;