Vpex Motor Company

$740,000 PPP Loan in South Burlington, Vermont

Loan Details

Loan Number
3850827102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$740,000
Current Approval
$740,000
Forgiveness Amount
$749,414
Forgiveness Date
Jul 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vpex Motor Company
Address
130 Shelburne Road
State
Vermont
ZIP Code
05403
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
VT-

Loan Use Breakdown

Payroll
$740,000

Lender Information

Servicing Lender
Td Bank, National Association
Originating Lender
Td Bank, National Association

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