PPP Loan information for Vertrax, inc

$1,426,045

Vertrax, inc was initially approved for PPP Loan of amount $1,426,045, the current approved amount is $1,426,045. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 77 jobs and $1,426,045 was used to fund payroll.

Vertrax, inc is Existing or more than 2 years old

PPP Loan Search / CT / NEW HAVEN / Vertrax, inc

VERTRAX, INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VERTRAX, INC

Borrower Address

900 CHAPEL ST FL 2

Borrower City

NEW HAVEN

Borrower State

CT

Borrower Zip

06510

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1426045.00

Current Approval Amount

1426045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HAVEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06510-0201

CD

CT-03

Jobs Reported

77

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5100.00

Payroll Proceed

1360575.00

Mortgage Interest Proceed

0.00

Rent Proceed

33630.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26740.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1375978.42

Forgiveness Date

07/13/2021

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