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

PPP Loan Search / MA / Concord / The verndale corporation

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

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