PPP Loan information for Vp motors inc

$263,900

Vp motors inc was initially approved for PPP Loan of amount $263,900, the current approved amount is $263,900. The loan was approved on 01/26/2021 by The Origin Bank reported 20 jobs and $263,900 was used to fund payroll.

Vp motors inc is Existing or more than 2 years old

VP MOTORS INC

Date Approved

01/26/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

VP MOTORS INC

Borrower Address

2921 S Garland Ave

Borrower City

Garland

Borrower State

TX

Borrower Zip

75041-2603

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263900.00

Current Approval Amount

263900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garland

Project County Name

DALLAS

Project State

TX

Project Zip

75041-2603

CD

TX-05

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263898.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266994.50

Forgiveness Date

04/08/2022

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