Verde Electric Corp.

$6,383,400 PPP Loan in Mount Vernon, New York

Loan Details

Loan Number
5481427005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$6,383,400
Current Approval
$6,383,400
Forgiveness Amount
$6,456,153
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Verde Electric Corp.
Address
89 Edison Ave
ZIP Code
10550-5000
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
297
Estimated Revenue
$97.7M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$6,383,400

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Mount Vernon, NY

BusinessApproved
Commodore Construction Corp.$10,000,000NewBizBotResearch
Structuretech New York Inc.$10,000,000NewBizBotResearch
Anvil Mechanical, Inc.$3,903,200NewBizBotResearch
Defoe Corp.$3,780,000NewBizBotResearch
Pci Industries Corp$3,333,200NewBizBotResearch

Want to research this company further?

Try NewBizBot free