Verve, LLC

$2,025,475 PPP Loan in Santa Cruz, California

Loan Details

Loan Number
9155037009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,025,475
Current Approval
$2,025,475
Forgiveness Amount
$2,051,886
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Verve, LLC
Address
104 Bronson Street #19 0.0
ZIP Code
95062-3495
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (311920)
Business Age
Existing or more than 2 years old
Jobs Reported
246
Estimated Revenue
$86.8M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$1,600,000
Rent
$280,000
Utilities
$60,000
Health Care
$75,475
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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