PPP Loan information for Versatile communications inc

$1,045,400

Versatile communications inc was initially approved for PPP Loan of amount $1,045,400, the current approved amount is $1,045,400. The loan was approved on 04/07/2020 by The Avidia Bank reported 50 jobs and $1,045,400 was used to fund payroll.

Versatile communications inc is Existing or more than 2 years old

PPP Loan Search / MA / MARLBOROUGH / Versatile communications inc

VERSATILE COMMUNICATIONS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VERSATILE COMMUNICATIONS INC

Borrower Address

450 DONALD LYNCH BLVD SUITE B

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-4703

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1045400.00

Current Approval Amount

1045400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-4703

CD

MA-03

Jobs Reported

50

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1045400.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1051759.52

Forgiveness Date

11/23/2020

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