PPP Loan information for Verbal beginnings

$1,361,108

Verbal beginnings was initially approved for PPP Loan of amount $1,674,287, the current approved amount is $1,361,108. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 158 jobs and $1,361,108 was used to fund payroll.

Verbal beginnings is Existing or more than 2 years old

VERBAL BEGINNINGS

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VERBAL BEGINNINGS

Borrower Address

7090 Samuel Morse Dr Suite 100

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1674287.00

Current Approval Amount

1361108.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1000

CD

MD-03

Jobs Reported

158

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5284.00

Payroll Proceed

1229654.00

Mortgage Interest Proceed

0.00

Rent Proceed

84546.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39021.00

Debt Interest Proceed

2603

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1378298.98

Forgiveness Date

08/02/2021

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