PPP borrower record
VERSATECH, INC PPP loan record
Public SBA PPP loan record for VERSATECH, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,659,737
Approved amount
$2,690,051
Forgiven amount
2020-04-08
Date approved
Borrower and loan details
Borrower
VERSATECH, INC
Loan number
8758457000
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Savage
Borrower state
Maryland
Borrower ZIP
20763
Jobs reported
130
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Sandy Spring Bank
Originating lender
Sandy Spring Bank
Reported use of proceeds
Payroll
$2,561,387
Rent
$97,053
Utilities
$1,296
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.