PPP Loan information for Vent fab, inc.

$97,000

Vent fab, inc. was initially approved for PPP Loan of amount $97,000, the current approved amount is $97,000. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 13 jobs and $97,000 was used to fund payroll.

Vent fab, inc. is Existing or more than 2 years old

VENT FAB, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VENT FAB, INC.

Borrower Address

2441 Ventura Drive, Suite 200

Borrower City

Woodbury

Borrower State

MN

Borrower Zip

55125-3922

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97000.00

Current Approval Amount

97000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbury

Project County Name

WASHINGTON

Project State

MN

Project Zip

55125-3922

CD

MN-04

Jobs Reported

13

NAICS Code

332913

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6062.50

Payroll Proceed

72750.00

Mortgage Interest Proceed

6062.50

Rent Proceed

6062.50

Refinance EIDL Proceed

6062.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97983.47

Forgiveness Date

04/14/2021

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