PPP Loan information for Vtg development inc

$793,275

Vtg development inc was initially approved for PPP Loan of amount $793,275, the current approved amount is $793,275. The loan was approved on 08/07/2020 by The U.S. Bank, National Association reported 71 jobs and $793,275 was used to fund payroll.

Vtg development inc is New Business or 2 years or less

PPP Loan Search / CA / VAN NUYS / Vtg development inc

VTG DEVELOPMENT INC

Date Approved

08/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

VTG DEVELOPMENT INC

Borrower Address

13654 VICTORY BLVD Unit 571

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91401-1734

Loan Status Date

04/20/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

793275.00

Current Approval Amount

793275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91401-1734

CD

CA-29

Jobs Reported

71

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

793275.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;