PPP Loan information for V-tek, inc

$625,500

V-tek, inc was initially approved for PPP Loan of amount $625,500, the current approved amount is $625,500. The loan was approved on 04/04/2020 by The United Prairie Bank reported 52 jobs and $625,500 was used to fund payroll.

V-tek, inc is Existing or more than 2 years old

V-TEK, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

V-TEK, INC

Borrower Address

751 SUMMIT AVE

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-2717

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625500.00

Current Approval Amount

625500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38650

Servicing Lender Name

United Prairie Bank

Servicing Lender Address

1141 Third Ave

Servicing Lender City

MOUNTAIN LAKE

Servicing Lender State

MN

Servicing Lender Zip

56159-1594

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

56001-2717

CD

MN-01

Jobs Reported

52

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

625500.00

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

38650

Originating Lender

United Prairie Bank

Originating Lender City

MOUNTAIN LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

619007.51

Forgiveness Date

11/05/2020

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