PPP Loan information for Versteel

$2,000,000

Versteel was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Old National Bank reported 197 jobs and $2,000,000 was used to fund payroll.

Versteel is Existing or more than 2 years old

VERSTEEL

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

VERSTEEL

Borrower Address

2332 Cathy Ln

Borrower City

Jasper

Borrower State

IN

Borrower Zip

47546-7705

Loan Status Date

08/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jasper

Project County Name

DUBOIS

Project State

IN

Project Zip

47546-7705

CD

IN-08

Jobs Reported

197

NAICS Code

337214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026465.75

Forgiveness Date

06/08/2022

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