PPP Loan information for Veristor systems, incorporated

$2,725,000

Veristor systems, incorporated was initially approved for PPP Loan of amount $2,725,000, the current approved amount is $2,725,000. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 127 jobs and $2,725,000 was used to fund payroll.

Veristor systems, incorporated is Existing or more than 2 years old

VERISTOR SYSTEMS, INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VERISTOR SYSTEMS, INCORPORATED

Borrower Address

4850 River Green Pkwy

Borrower City

DULUTH

Borrower State

GA

Borrower Zip

30096-2568

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2725000.00

Current Approval Amount

2725000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

GWINNETT

Project State

GA

Project Zip

30096-2568

CD

GA-07

Jobs Reported

127

NAICS Code

334112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2725000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2761283.56

Forgiveness Date

08/27/2021

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