PPP Loan information for Vp motors inc.

$339,800

Vp motors inc. was initially approved for PPP Loan of amount $473,200, the current approved amount is $339,800. The loan was approved on 04/11/2020 by The Independent Bank reported 30 jobs and $339,800 was used to fund payroll.

Vp motors inc. is Existing or more than 2 years old

PPP Loan Search / TX / GARLAND / Vp motors inc.

VP MOTORS INC.

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

VP MOTORS INC.

Borrower Address

2921 South Garland Avenue

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75041-2603

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473200.00

Current Approval Amount

339800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75041-2603

CD

TX-05

Jobs Reported

30

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4800.00

Payroll Proceed

286900.00

Mortgage Interest Proceed

0.00

Rent Proceed

32900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343745.46

Forgiveness Date

06/15/2021

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