PPP Loan information for Verity recycling llc

$501,580

Verity recycling llc was initially approved for PPP Loan of amount $501,580, the current approved amount is $501,580. The loan was approved on 02/23/2021 by The Truist Bank reported 64 jobs and $501,580 was used to fund payroll.

Verity recycling llc is Existing or more than 2 years old

VERITY RECYCLING LLC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

VERITY RECYCLING LLC

Borrower Address

237 W Central Ave

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27203-3201

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

501580.00

Current Approval Amount

501580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-3201

CD

NC-09

Jobs Reported

64

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

501576.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503711.72

Forgiveness Date

07/28/2021

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