PPP Loan information for Verita telecommunications corporation

$2,000,000

Verita telecommunications corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Independent Bank reported 194 jobs and $2,000,000 was used to fund payroll.

Verita telecommunications corporation is Existing or more than 2 years old

VERITA TELECOMMUNICATIONS CORPORATION

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VERITA TELECOMMUNICATIONS CORPORATION

Borrower Address

47059 Five Mile Rd

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170-3765

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-3765

CD

MI-06

Jobs Reported

194

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010575.34

Forgiveness Date

08/10/2021

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