PPP Loan information for Vip credit solutions

$225,000

Vip credit solutions was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 05/22/2020 by The Celtic Bank Corporation reported 18 jobs and $225,000 was used to fund payroll.

Vip credit solutions is Existing or more than 2 years old

VIP CREDIT SOLUTIONS

Date Approved

05/22/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VIP CREDIT SOLUTIONS

Borrower Address

1122 Meadowood Lane

Borrower City

Douglasville

Borrower State

GA

Borrower Zip

30135-8810

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Douglasville

Project County Name

DOUGLAS

Project State

GA

Project Zip

30135-8810

CD

GA-03

Jobs Reported

18

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28125.00

Payroll Proceed

168750.00

Mortgage Interest Proceed

0.00

Rent Proceed

28125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;