PPP Loan information for Verge group llc

$85,337

Verge group llc was initially approved for PPP Loan of amount $85,337, the current approved amount is $85,337. The loan was approved on 02/05/2021 by The First Horizon Bank reported 6 jobs and $85,337 was used to fund payroll.

Verge group llc is Existing or more than 2 years old

VERGE GROUP LLC

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

VERGE GROUP LLC

Borrower Address

3645 Marketplace Blvd Ste 130-683

Borrower City

East Point

Borrower State

GA

Borrower Zip

30344-5747

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85337.00

Current Approval Amount

85337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Point

Project County Name

FULTON

Project State

GA

Project Zip

30344-5747

CD

GA-05

Jobs Reported

6

NAICS Code

722310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85331.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86105.03

Forgiveness Date

01/06/2022

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