Veratech, Incorporated

$85,822 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
9316697108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$85,822
Current Approval
$85,822
Forgiveness Amount
$86,282
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Veratech, Incorporated
Address
10601 Red Dr
ZIP Code
55343
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334418)
Business Age
New Business or 2 years or less
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$85,822

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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