PPP Loan information for Verus residential loanco llc

$1,773,102

Verus residential loanco llc was initially approved for PPP Loan of amount $1,773,102, the current approved amount is $1,773,102. The loan was approved on 02/06/2021 by The City National Bank reported 65 jobs and $1,773,102 was used to fund payroll.

Verus residential loanco llc is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Verus residential loanco llc

VERUS RESIDENTIAL LOANCO LLC

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

VERUS RESIDENTIAL LOANCO LLC

Borrower Address

2001 M St NW Ste 300

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-3589

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1773102.00

Current Approval Amount

1773102.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-3589

CD

DC-

Jobs Reported

65

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1773101.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1789181.36

Forgiveness Date

01/06/2022

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