PPP Loan information for Vertex

$504,693

Vertex was initially approved for PPP Loan of amount $504,693, the current approved amount is $504,693. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 34 jobs and $504,693 was used to fund payroll.

Vertex is New Business or 2 years or less

PPP Loan Search / NJ / Budd Lake / Vertex

VERTEX

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VERTEX

Borrower Address

600 International Dr

Borrower City

Budd Lake

Borrower State

NJ

Borrower Zip

07828

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504692.50

Current Approval Amount

504692.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Budd Lake

Project County Name

MORRIS

Project State

NJ

Project Zip

07828-0001

CD

NJ-07

Jobs Reported

34

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63086.56

Payroll Proceed

378519.38

Mortgage Interest Proceed

0.00

Rent Proceed

63086.56

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509416.98

Forgiveness Date

03/31/2021

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