PPP Loan information for Vesco material handling equipment, inc.

$1,664,900

Vesco material handling equipment, inc. was initially approved for PPP Loan of amount $1,664,900, the current approved amount is $1,664,900. The loan was approved on 04/10/2020 by The Pinnacle Bank reported 126 jobs and $1,664,900 was used to fund payroll.

Vesco material handling equipment, inc. is Existing or more than 2 years old

VESCO MATERIAL HANDLING EQUIPMENT, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VESCO MATERIAL HANDLING EQUIPMENT, INC.

Borrower Address

355 BUSINESS PARK DR

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27107

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1664900.00

Current Approval Amount

1664900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27107-1200

CD

NC-05

Jobs Reported

126

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1664900.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1673794.67

Forgiveness Date

11/03/2020

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