Vantec, INC

$2,053,300 PPP Loan in Webster City, Iowa

Loan Details

Loan Number
4564917000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,053,300
Current Approval
$1,878,500
Forgiveness Amount
$1,889,487
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vantec, INC
Address
205 Cloz Drive
State
Iowa
ZIP Code
50595-3205
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
196
Estimated Revenue
$194.4M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,878,500

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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