PPP Loan information for Volk transfer inc

$427,200

Volk transfer inc was initially approved for PPP Loan of amount $427,200, the current approved amount is $427,200. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 45 jobs and $427,200 was used to fund payroll.

Volk transfer inc is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Volk transfer inc

VOLK TRANSFER INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VOLK TRANSFER INC

Borrower Address

2205 7TH AVE

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-2810

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427200.00

Current Approval Amount

427200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-2810

CD

MN-01

Jobs Reported

45

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

42720.00

Payroll Proceed

341760.00

Mortgage Interest Proceed

42720.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419795.91

Forgiveness Date

11/23/2020

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