PPP Loan information for Vesco oil corporation

$4,013,400

Vesco oil corporation was initially approved for PPP Loan of amount $4,013,400, the current approved amount is $4,013,400. The loan was approved on 04/09/2020 by The Comerica Bank reported 255 jobs and $4,013,400 was used to fund payroll.

Vesco oil corporation is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Vesco oil corporation

VESCO OIL CORPORATION

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VESCO OIL CORPORATION

Borrower Address

16055 12 MILE RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48076-2979

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4013400.00

Current Approval Amount

4013400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48076-2979

CD

MI-12

Jobs Reported

255

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3210776.00

Mortgage Interest Proceed

802624.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4062006.73

Forgiveness Date

07/01/2021

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