PPP Loan information for Veterans development corporati

$430,000

Veterans development corporati was initially approved for PPP Loan of amount $430,000, the current approved amount is $430,000. The loan was approved on 04/05/2020 by The Webster Bank National Association reported 36 jobs and $430,000 was used to fund payroll.

Veterans development corporati is Existing or more than 2 years old

PPP Loan Search / MA / NORWELL / Veterans development corporati

VETERANS DEVELOPMENT CORPORATI

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VETERANS DEVELOPMENT CORPORATI

Borrower Address

120 Longwater Drive Unit 103

Borrower City

NORWELL

Borrower State

MA

Borrower Zip

02061-1610

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430000.00

Current Approval Amount

430000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWELL

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02061-1610

CD

MA-09

Jobs Reported

36

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

430000.00

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

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

432827.40

Forgiveness Date

12/28/2020

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