PPP Loan information for Verocel inc

$197,100

Verocel inc was initially approved for PPP Loan of amount $197,100, the current approved amount is $197,100. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 9 jobs and $197,100 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

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VEROCEL INC

Borrower Address

210 LITTLETON RD

Borrower City

WESTFORD

Borrower State

MA

Borrower Zip

01886-3513

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197100.00

Current Approval Amount

197100.00

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

01886-3513

CD

MA-03

Jobs Reported

9

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7100.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

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

198616.58

Forgiveness Date

01/20/2021

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