PPP Loan information for Vertical technology services

$287,832

Vertical technology services was initially approved for PPP Loan of amount $287,832, the current approved amount is $287,832. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 15 jobs and $287,832 was used to fund payroll.

Vertical technology services is Existing or more than 2 years old

VERTICAL TECHNOLOGY SERVICES

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VERTICAL TECHNOLOGY SERVICES

Borrower Address

9446 Earley Drive

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287832.00

Current Approval Amount

287832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

15

NAICS Code

237130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

233832.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

21000

Business Type

Partnership

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

290008.48

Forgiveness Date

01/20/2021

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