PPP Loan information for Verasolve llc

$227,473

Verasolve llc was initially approved for PPP Loan of amount $227,473, the current approved amount is $227,473. The loan was approved on 04/27/2020 by The Forbright Bank reported 10 jobs and $227,473 was used to fund payroll.

Verasolve llc is Existing or more than 2 years old

VERASOLVE LLC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VERASOLVE LLC

Borrower Address

9916 LOGAN DR

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-4355

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227473.19

Current Approval Amount

227473.19

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-4355

CD

MD-08

Jobs Reported

10

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227473.19

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

Limited Liability Company(LLC)

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229823.75

Forgiveness Date

05/12/2021

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