PPP Loan information for Virtual incorporated

$3,857,219

Virtual incorporated was initially approved for PPP Loan of amount $3,857,219, the current approved amount is $3,857,219. The loan was approved on 04/27/2020 by The Webster Bank National Association reported 28 jobs and $3,857,219 was used to fund payroll.

Virtual incorporated is New Business or 2 years or less

VIRTUAL INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VIRTUAL INCORPORATED

Borrower Address

401 EDGEWATER PLACE

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3857219.00

Current Approval Amount

3857219.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-0001

CD

MA-06

Jobs Reported

28

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3857219.00

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

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3899278.54

Forgiveness Date

06/11/2021

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