PPP Loan information for Vermilion corporation

$120,600

Vermilion corporation was initially approved for PPP Loan of amount $120,600, the current approved amount is $120,600. The loan was approved on 04/06/2020 by The Bank of Erath reported 11 jobs and $120,600 was used to fund payroll.

Vermilion corporation is Existing or more than 2 years old

VERMILION CORPORATION

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VERMILION CORPORATION

Borrower Address

151 Tivoli

Borrower City

ABBEVILLE

Borrower State

LA

Borrower Zip

70510-5150

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120600.00

Current Approval Amount

120600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28227

Servicing Lender Name

Bank of Erath

Servicing Lender Address

105 W Edwards St

Servicing Lender City

ERATH

Servicing Lender State

LA

Servicing Lender Zip

70533-4027

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

VERMILION

Project State

LA

Project Zip

70510-5150

CD

LA-03

Jobs Reported

11

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120600.00

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

28227

Originating Lender

Bank of Erath

Originating Lender City

ERATH

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

121581.55

Forgiveness Date

02/02/2021

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