PPP Loan information for Verity wireless inc

$2,000,000

Verity wireless inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/27/2021 by The Wells Fargo Bank, National Association reported 185 jobs and $2,000,000 was used to fund payroll.

Verity wireless inc is Existing or more than 2 years old

VERITY WIRELESS INC

Date Approved

05/27/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

VERITY WIRELESS INC

Borrower Address

1205 S Havana St Unit B2

Borrower City

Aurora

Borrower State

CO

Borrower Zip

80012-4026

Loan Status Date

06/08/2022

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

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80012-4026

CD

CO-06

Jobs Reported

185

NAICS Code

443142

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1800132.23

Forgiveness Date

05/12/2022

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