PPP Loan information for Verta corporation

$179,100

Verta corporation was initially approved for PPP Loan of amount $179,100, the current approved amount is $179,100. The loan was approved on 04/06/2020 by The Deerwood Bank reported 16 jobs and $179,100 was used to fund payroll.

Verta corporation is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Verta corporation

VERTA CORPORATION

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VERTA CORPORATION

Borrower Address

111 Golf Course Rd Suite 5

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3526

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179100.00

Current Approval Amount

179100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3526

CD

MN-08

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

161500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180124.85

Forgiveness Date

11/03/2020

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