Vencomatic, Inc.

$288,200 PPP Loan in Adel, Iowa

Loan Details

Loan Number
3626587402
Date Approved
May 7, 2020
Loan Status
Paid in Full
Initial Approval
$288,200
Current Approval
$288,200
Forgiveness Amount
$290,978
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vencomatic, Inc.
Address
501 Visions Pkwy
City
Adel
State
Iowa
ZIP Code
50003-1668
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$216,150
Utilities
$28,820
Mortgage Interest
$43,230

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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