PPP Loan information for Verite inc

$620,850

Verite inc was initially approved for PPP Loan of amount $620,850, the current approved amount is $620,850. The loan was approved on 01/28/2021 by The Greenfield Co-Operative Bank reported 44 jobs and $620,850 was used to fund payroll.

Verite inc is Existing or more than 2 years old

PPP Loan Search / MA / Amherst / Verite inc

VERITE INC

Date Approved

01/28/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

VERITE INC

Borrower Address

44 Belchertown Rd

Borrower City

Amherst

Borrower State

MA

Borrower Zip

01002-2992

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620850.00

Current Approval Amount

620850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89221

Servicing Lender Name

Greenfield Co-Operative Bank

Servicing Lender Address

63 Federal St

Servicing Lender City

GREENFIELD

Servicing Lender State

MA

Servicing Lender Zip

01301-2543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Amherst

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01002-2992

CD

MA-02

Jobs Reported

44

NAICS Code

813311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

620844.00

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

Non-Profit Organization

Originating Lender Location Id

89221

Originating Lender

Greenfield Co-Operative Bank

Originating Lender City

GREENFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

626088.95

Forgiveness Date

12/06/2021

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