PPP Loan information for The vertex companies inc

$6,890,500

The vertex companies inc was initially approved for PPP Loan of amount $6,890,500, the current approved amount is $6,890,500. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 499 jobs and $6,890,500 was used to fund payroll.

The vertex companies inc is Existing or more than 2 years old

PPP Loan Search / MA / WEYMOUTH / The vertex companies inc

THE VERTEX COMPANIES INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE VERTEX COMPANIES INC

Borrower Address

400 Libbey Parkway

Borrower City

WEYMOUTH

Borrower State

MA

Borrower Zip

02189-3134

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6890500.00

Current Approval Amount

6890500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-3134

CD

MA-08

Jobs Reported

499

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6890500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6971271.97

Forgiveness Date

06/11/2021

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