PPP Loan information for Verc enterprises inc

$2,020,067

Verc enterprises inc was initially approved for PPP Loan of amount $2,020,067, the current approved amount is $2,020,067. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 321 jobs and $2,020,067 was used to fund payroll.

Verc enterprises inc is Existing or more than 2 years old

PPP Loan Search / MA / DUXBURY / Verc enterprises inc

VERC ENTERPRISES INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VERC ENTERPRISES INC

Borrower Address

5 CHESTNUT ST

Borrower City

DUXBURY

Borrower State

MA

Borrower Zip

02332-4419

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2020067.00

Current Approval Amount

2020067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUXBURY

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02332-4419

CD

MA-09

Jobs Reported

321

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2020067.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2042924.20

Forgiveness Date

06/11/2021

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