PPP Loan information for Vema corporation

$508,500

Vema corporation was initially approved for PPP Loan of amount $508,500, the current approved amount is $508,500. The loan was approved on 05/02/2020 by The Bank of America, National Association reported 98 jobs and $508,500 was used to fund payroll.

Vema corporation is Existing or more than 2 years old

VEMA CORPORATION

Date Approved

05/02/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

VEMA CORPORATION

Borrower Address

4482 W PEORIA AVE

Borrower City

GLENDALE

Borrower State

AZ

Borrower Zip

85302-2028

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508500.00

Current Approval Amount

508500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85302-2028

CD

AZ-08

Jobs Reported

98

NAICS Code

621999

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508500.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515744.38

Forgiveness Date

10/07/2021

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