PPP Loan information for Verus residential loanco, llc

$1,773,100

Verus residential loanco, llc was initially approved for PPP Loan of amount $1,773,100, the current approved amount is $1,773,100. The loan was approved on 04/04/2020 by The City National Bank reported 86 jobs and $1,773,100 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

04/04/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VERUS RESIDENTIAL LOANCO, LLC

Borrower Address

2001 M ST NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-3301

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1773100.00

Current Approval Amount

1773100.00

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

20036-3301

CD

DC-

Jobs Reported

86

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1523100.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

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

1524202.24

Forgiveness Date

04/08/2021

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