PPP Loan information for The verndale corporation
$1,825,140
The verndale corporation was initially approved for PPP Loan of amount $1,825,140, the current approved amount is $1,825,140. The loan was approved on 01/29/2021 by The Eastern Bank reported 79 jobs and $1,825,140 was used to fund payroll.
The verndale corporation is Existing or more than 2 years old
THE VERNDALE CORPORATION
Date Approved
01/29/2021
SBA Office Code
0101
Processing Method
PPS
Borrower Name
THE VERNDALE CORPORATION
Borrower Address
39 Mildred Cir
Borrower City
Concord
Borrower State
MA
Borrower Zip
01742-3733
Loan Status Date
12/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1825140.00
Current Approval Amount
1825140.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32987
Servicing Lender Name
Eastern Bank
Servicing Lender Address
265 Franklin St
Servicing Lender City
BOSTON
Servicing Lender State
MA
Servicing Lender Zip
02110-3113
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Concord
Project County Name
MIDDLESEX
Project State
MA
Project Zip
01742-3733
CD
MA-03
Jobs Reported
79
NAICS Code
541990
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1825133.00
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
32987
Originating Lender
Eastern Bank
Originating Lender City
BOSTON
Originating Lender State
MA
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1838828.55
Forgiveness Date
11/01/2021