PPP Loan information for V/m engineering & associates, ltd

$243,700

V/m engineering & associates, ltd was initially approved for PPP Loan of amount $243,700, the current approved amount is $243,700. The loan was approved on 07/22/2020 by The The State Bank of Faribault reported 14 jobs and $243,700 was used to fund payroll.

V/m engineering & associates, ltd is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / V/m engineering & associates, ltd

V/M ENGINEERING & ASSOCIATES, LTD

Date Approved

07/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

V/M ENGINEERING & ASSOCIATES, LTD

Borrower Address

1301 CANNON CIR

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-3625

Loan Status Date

05/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243700.00

Current Approval Amount

243700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-3625

CD

MN-01

Jobs Reported

14

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243700.00

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

Subchapter S Corporation

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245453.29

Forgiveness Date

04/12/2021

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