PPP Loan information for Vm systems inc

$2,000,000

Vm systems inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Signature Bank, National Association reported 85 jobs and $2,000,000 was used to fund payroll.

Vm systems inc is Existing or more than 2 years old

PPP Loan Search / OH / Toledo / Vm systems inc

VM SYSTEMS INC

Date Approved

02/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

VM SYSTEMS INC

Borrower Address

3125 Hill Ave

Borrower City

Toledo

Borrower State

OH

Borrower Zip

43607-2934

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

LUCAS

Project State

OH

Project Zip

43607-2934

CD

OH-09

Jobs Reported

85

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2011945.21

Forgiveness Date

09/27/2021

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