Vp Motors Inc.

$473,200 PPP Loan in Garland, Texas

Loan Details

Loan Number
2811437106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$473,200
Current Approval
$339,800
Forgiveness Amount
$343,745
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vp Motors Inc.
Address
2921 South Garland Avenue
State
Texas
ZIP Code
75041-2603
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$286,900
Rent
$32,900
Utilities
$4,800
Health Care
$15,200

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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