PPP Loan information for Verney incorporated

$105,600

Verney incorporated was initially approved for PPP Loan of amount $107,500, the current approved amount is $105,600. The loan was approved on 04/07/2020 by The The Cape Cod Five Cents Savings Bank reported 10 jobs and $105,600 was used to fund payroll.

Verney incorporated is Existing or more than 2 years old

PPP Loan Search / MA / NANTUCKET / Verney incorporated

VERNEY INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VERNEY INCORPORATED

Borrower Address

35A Warrens Landing

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-1984

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

105600.00

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

02554-1984

CD

MA-09

Jobs Reported

10

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105600.00

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

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

106274.67

Forgiveness Date

12/15/2020

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