PPP Loan information for Verus corporation

$489,422

Verus corporation was initially approved for PPP Loan of amount $489,422, the current approved amount is $489,422. The loan was approved on 04/08/2020 by The Village Bank reported 23 jobs and $489,422 was used to fund payroll.

Verus corporation is Existing or more than 2 years old

PPP Loan Search / MN / COON RAPIDS / Verus corporation

VERUS CORPORATION

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VERUS CORPORATION

Borrower Address

201 85TH AVE NW

Borrower City

COON RAPIDS

Borrower State

MN

Borrower Zip

55433-6004

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489422.00

Current Approval Amount

489422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COON RAPIDS

Project County Name

ANOKA

Project State

MN

Project Zip

55433-6004

CD

MN-05

Jobs Reported

23

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489422.00

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

493283.74

Forgiveness Date

02/03/2021

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