Verde Electric Corp
$2,000,000 PPP Loan in Mount Vernon, New York
Loan Details
- Loan Number
- 7929078600
- Date Approved
- Mar 24, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,012,548
- Forgiveness Date
- Nov 12, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Verde Electric Corp
- Address
- 89 Edison Ave
- City
- Mount Vernon
- State
- New York
- ZIP Code
- 10550-5000
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 232
- Estimated Revenue
- $76.3M
- Rural/Urban
- Urban
- Congressional District
- NY-16
Loan Use Breakdown
- Payroll
- $1,999,997
- Utilities
- $1
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Mount Vernon, NY
| Business | Approved | |
|---|---|---|
| Commodore Construction Corp. | $10,000,000 |  AI Deep Dive |
| Structuretech New York Inc. | $10,000,000 | AI Deep Dive |
| Verde Electric Corp. | $6,383,400 | AI Deep Dive |
| Anvil Mechanical, Inc. | $3,903,200 | AI Deep Dive |
| Defoe Corp. | $3,780,000 | AI Deep Dive |
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