Ver-Mac Industries, Inc.

$672,865 PPP Loan in Mount Vernon, Ohio

Loan Details

Loan Number
8432337108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$672,865
Current Approval
$672,865
Forgiveness Amount
$676,349
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ver-Mac Industries, Inc.
Address
100 Progress Dr
State
Ohio
ZIP Code
43050-4700
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331110)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$20.2M
Rural/Urban
Rural
Congressional District
OH-12

Loan Use Breakdown

Payroll
$520,865
Rent
$102,000
Utilities
$50,000

Lender Information

Servicing Lender
The Park National Bank
Originating Lender
The Park National Bank

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