PPP Loan information for Verve wellness center, llc

$346,672

Verve wellness center, llc was initially approved for PPP Loan of amount $273,325, the current approved amount is $346,672. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 27 jobs and $346,672 was used to fund payroll.

Verve wellness center, llc is New Business or 2 years or less

VERVE WELLNESS CENTER, LLC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

VERVE WELLNESS CENTER, LLC

Borrower Address

4824 E BASELINE RD STE 140

Borrower City

MESA

Borrower State

AZ

Borrower Zip

85206-4680

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273325.00

Current Approval Amount

346672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MESA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85206-4680

CD

AZ-04

Jobs Reported

27

NAICS Code

621310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

346672.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

276148.15

Forgiveness Date

05/19/2021

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