PPP Loan information for Verlyn enterprises inc

$167,765

Verlyn enterprises inc was initially approved for PPP Loan of amount $167,765, the current approved amount is $167,765. The loan was approved on 02/03/2021 by The First National Bank of Coffee County reported 16 jobs and $167,765 was used to fund payroll.

Verlyn enterprises inc is Existing or more than 2 years old

VERLYN ENTERPRISES INC

Date Approved

02/03/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

VERLYN ENTERPRISES INC

Borrower Address

380 Richey Ln

Borrower City

Douglas

Borrower State

GA

Borrower Zip

31535-5914

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167765.00

Current Approval Amount

167765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117436

Servicing Lender Name

First National Bank of Coffee County

Servicing Lender Address

420 S Madison Ave

Servicing Lender City

DOUGLAS

Servicing Lender State

GA

Servicing Lender Zip

31533-5324

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

COFFEE

Project State

GA

Project Zip

31535-5914

CD

GA-08

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

167763.00

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

117436

Originating Lender

First National Bank of Coffee County

Originating Lender City

DOUGLAS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

169848.08

Forgiveness Date

05/11/2022

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