PPP Loan information for Verichem laboratories inc

$155,835

Verichem laboratories inc was initially approved for PPP Loan of amount $155,835, the current approved amount is $155,835. The loan was approved on 07/21/2020 by The Webster Bank National Association reported 12 jobs and $155,835 was used to fund payroll.

Verichem laboratories inc is Existing or more than 2 years old

VERICHEM LABORATORIES INC

Date Approved

07/21/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VERICHEM LABORATORIES INC

Borrower Address

90 NARRAGANSETT AVE

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02907

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155835.00

Current Approval Amount

155835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02907-0546

CD

RI-02

Jobs Reported

12

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155835.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156577.88

Forgiveness Date

01/28/2021

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