PPP Loan information for Verocel inc.

$197,600

Verocel inc. was initially approved for PPP Loan of amount $197,600, the current approved amount is $197,600. The loan was approved on 02/25/2021 by The Enterprise Bank and Trust Company reported 7 jobs and $197,600 was used to fund payroll.

Verocel inc. is Existing or more than 2 years old

PPP Loan Search / MA / Westford / Verocel inc.

VEROCEL INC.

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

VEROCEL INC.

Borrower Address

210 Littleton Rd

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886-3580

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197600.00

Current Approval Amount

197600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-3580

CD

MA-03

Jobs Reported

7

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197596.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198533.11

Forgiveness Date

08/20/2021

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