PPP Loan information for Verrex llc

$2,000,000

Verrex llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/14/2021 by The Enterprise Bank & Trust reported 110 jobs and $2,000,000 was used to fund payroll.

Verrex llc is Existing or more than 2 years old

PPP Loan Search / NJ / Mountainside / Verrex llc

VERREX LLC

Date Approved

02/14/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VERREX LLC

Borrower Address

1130 US Highway 22

Borrower City

Mountainside

Borrower State

NJ

Borrower Zip

07092-2804

Loan Status Date

04/14/2022

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

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountainside

Project County Name

UNION

Project State

NJ

Project Zip

07092-2804

CD

NJ-07

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020277.78

Forgiveness Date

03/08/2022

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