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
- City
- Mount Vernon
- 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
Other PPP Loans in Mount Vernon, OH
| Business | Approved | |
|---|---|---|
| Mount Vernon Nazarene University | $3,521,725 | |
| Levering Management, Inc. | $2,195,965 | |
| Amg Industries, LLC | $1,414,900 | |
| The Ohio Eastern Star Home | $1,360,097 | |
| Amg Industries LLC | $1,200,000 |
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