PPP Loan information for Vertical applications, inc.

$411,245

Vertical applications, inc. was initially approved for PPP Loan of amount $411,245, the current approved amount is $411,245. The loan was approved on 04/27/2020 by The Atlantic Union Bank reported 24 jobs and $411,245 was used to fund payroll.

Vertical applications, inc. is New Business or 2 years or less

VERTICAL APPLICATIONS, INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VERTICAL APPLICATIONS, INC.

Borrower Address

4040 North Fairfax Dr

Borrower City

Arlington

Borrower State

VA

Borrower Zip

22203

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411245.00

Current Approval Amount

411245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Arlington

Project County Name

ARLINGTON

Project State

VA

Project Zip

22203-0001

CD

VA-08

Jobs Reported

24

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

411245.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415174.67

Forgiveness Date

04/15/2021

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