PPP Loan information for Vorderman motor werks, inc.

$791,300

Vorderman motor werks, inc. was initially approved for PPP Loan of amount $791,300, the current approved amount is $791,300. The loan was approved on 04/08/2020 by The Lake City Bank reported 50 jobs and $791,300 was used to fund payroll.

Vorderman motor werks, inc. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Vorderman motor werks, inc.

VORDERMAN MOTOR WERKS, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VORDERMAN MOTOR WERKS, INC.

Borrower Address

5811 CROSS CREEK BLVD

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46818-1722

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791300.00

Current Approval Amount

791300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46818-1722

CD

IN-03

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1517.00

Payroll Proceed

643117.00

Mortgage Interest Proceed

0.00

Rent Proceed

69188.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

77478

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

795871.96

Forgiveness Date

11/12/2020

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