As part of the Paycheck Protection Program VERSATECH, 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.

VERSATECH, INC


Loan Amount	$2,659,737
BusinessName	VERSATECH, INC
Address	8510 Corridor Road
City	SAVAGE
State	MD
Zip	20763
NAICSCode	541512
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	130
DateApproved	04/08/2020
Lender	Sandy Spring Bank
CD	MD-02
BusinessName.clean	VERSATECH

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

VERSATECH
VERSATILE COMMUNICATIONS
VERSATILE FABRICATION CO
BCL
BC2 ENVIRONMENTAL