PPP Loan information for Vetter equipment company

$2,063,000

Vetter equipment company was initially approved for PPP Loan of amount $2,063,000, the current approved amount is $2,063,000. The loan was approved on 04/10/2020 by The Bank Iowa reported 215 jobs and $2,063,000 was used to fund payroll.

Vetter equipment company is Existing or more than 2 years old

VETTER EQUIPMENT COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VETTER EQUIPMENT COMPANY

Borrower Address

610 14TH AVE S

Borrower City

DENISON

Borrower State

IA

Borrower Zip

51442-2586

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2063000.00

Current Approval Amount

2063000.00

Undisbursed Amount

0.00

Franchise Name

Case HI Agriculture - Agricultural Equipment Sales & Service Agreement

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENISON

Project County Name

CRAWFORD

Project State

IA

Project Zip

51442-2586

CD

IA-04

Jobs Reported

215

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2063000.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2087182.94

Forgiveness Date

06/11/2021

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