PPP Loan information for Veritec inc

$58,875

Veritec inc was initially approved for PPP Loan of amount $58,875, the current approved amount is $58,875. The loan was approved on 02/24/2021 by The Community Federal Savings Bank reported 10 jobs and $58,875 was used to fund payroll.

Veritec inc is Existing or more than 2 years old

VERITEC INC

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VERITEC INC

Borrower Address

2445 Winnetka Ave N

Borrower City

Golden Valley

Borrower State

MN

Borrower Zip

55427-3567

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58875.00

Current Approval Amount

58875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Golden Valley

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-3567

CD

MN-05

Jobs Reported

10

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58871.00

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

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59220.07

Forgiveness Date

10/25/2021

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