PPP Loan information for Ver-tex construction, inc

$1,459,300

Ver-tex construction, inc was initially approved for PPP Loan of amount $1,459,300, the current approved amount is $1,459,300. The loan was approved on 04/08/2020 by The Newtek Small Business Finance, Inc. reported 61 jobs and $1,459,300 was used to fund payroll.

Ver-tex construction, inc is Existing or more than 2 years old

PPP Loan Search / MA / CANTON / Ver-tex construction, inc

VER-TEX CONSTRUCTION, INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VER-TEX CONSTRUCTION, INC

Borrower Address

45 DAN RD

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2817

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1459300.00

Current Approval Amount

1459300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2817

CD

MA-08

Jobs Reported

61

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1459300.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1392632.56

Forgiveness Date

12/15/2021

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