PPP Loan information for Verney inc.

$110,735

Verney inc. was initially approved for PPP Loan of amount $110,735, the current approved amount is $110,735. The loan was approved on 04/24/2021 by The The Cape Cod Five Cents Savings Bank reported 12 jobs and $110,735 was used to fund payroll.

Verney inc. is Existing or more than 2 years old

VERNEY INC.

Date Approved

04/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

VERNEY INC.

Borrower Address

86A Old South Road

Borrower City

Nantucket

Borrower State

MA

Borrower Zip

02554

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110734.97

Current Approval Amount

110734.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nantucket

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554

CD

MA-09

Jobs Reported

12

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110734.97

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

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111236.35

Forgiveness Date

10/08/2021

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