Verellen, Inc.

$974,857 PPP Loan in High Point, North Carolina

Loan Details

Loan Number
6464387107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$974,857
Current Approval
$974,857
Forgiveness Amount
$983,387
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Verellen, Inc.
Address
5297 Prospect Street
ZIP Code
27263-3963
Business Type
Corporation
Industry (NAICS)
Manufacturing (337121)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$21.2M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$974,857

Lender Information

Servicing Lender
Triad Business Bank
Originating Lender
Triad Business Bank

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