PPP Loan information for Van meter inc.

$7,413,400

Van meter inc. was initially approved for PPP Loan of amount $7,413,400, the current approved amount is $7,413,400. The loan was approved on 04/05/2020 by The Commerce Bank reported 496 jobs and $7,413,400 was used to fund payroll.

Van meter inc. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Van meter inc.

VAN METER INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

VAN METER INC.

Borrower Address

850 32ND AVE SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-3913

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7413400.00

Current Approval Amount

7413400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-3913

CD

IA-02

Jobs Reported

496

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

109010.00

Payroll Proceed

7205550.00

Mortgage Interest Proceed

0.00

Rent Proceed

98840.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7505243.79

Forgiveness Date

07/01/2021

;