As part of the Paycheck Protection Program VERELLEN, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

VERELLEN, INC


Loan Amount	$974,857
BusinessName	VERELLEN, INC
Address	5297 Prospect Street
City	HIGH POINT
State	NC
Zip	27263
NAICSCode	337121
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	81
DateApproved	04/14/2020
Lender	Triad Business Bank
CD	NC-06
BusinessName.clean	VERELLEN

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

VERENDRYE ELECTRIC COOPERATIVE
VERGE MOBILE
VERGE SOLUTIONS
VERGENT LMS
VERGITH CONTRACTING CO