PPP Loan information for Verus development group

$28,108

Verus development group was initially approved for PPP Loan of amount $28,108, the current approved amount is $28,108. The loan was approved on 03/03/2021 by The Bank of Ann Arbor reported 3 jobs and $28,108 was used to fund payroll.

Verus development group is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Verus development group

VERUS DEVELOPMENT GROUP

Date Approved

03/03/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VERUS DEVELOPMENT GROUP

Borrower Address

27725 Stansbury Blvd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-3807

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28107.50

Current Approval Amount

28107.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-3807

CD

MI-11

Jobs Reported

3

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28104.50

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28327.74

Forgiveness Date

12/16/2021

;