PPP Loan information for V2 inc.

$89,100

V2 inc. was initially approved for PPP Loan of amount $89,100, the current approved amount is $89,100. The loan was approved on 04/15/2020 by The MidCountry Bank reported 9 jobs and $89,100 was used to fund payroll.

V2 inc. is New Business or 2 years or less

V2 INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

V2 INC.

Borrower Address

7932 ORCHID LN N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55311-2186

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89100.00

Current Approval Amount

89100.00

Undisbursed Amount

0.00

Franchise Name

AmericInn by Wyndham

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55311-2186

CD

MN-03

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26891.00

Payroll Proceed

62209.00

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

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89778.62

Forgiveness Date

01/26/2021

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