PPP Loan information for Vpex motor company

$740,000

Vpex motor company was initially approved for PPP Loan of amount $740,000, the current approved amount is $740,000. The loan was approved on 04/12/2020 by The TD Bank, National Association reported 52 jobs and $740,000 was used to fund payroll.

Vpex motor company is Existing or more than 2 years old

PPP Loan Search / VT / SOUTH BURLINGTON / Vpex motor company

VPEX MOTOR COMPANY

Date Approved

04/12/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

VPEX MOTOR COMPANY

Borrower Address

130 SHELBURNE ROAD

Borrower City

SOUTH BURLINGTON

Borrower State

VT

Borrower Zip

05403

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740000.00

Current Approval Amount

740000.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-1200

CD

VT-

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

740000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

749414.44

Forgiveness Date

07/23/2021

;