# PPP loan: VERTEX INC
> **$313K** approved 04/10/2020 · Paid in Full · Loan `1947527103`
## Borrower
- **Name:** VERTEX INC
- **Address:** 3956 MOGADORE INDUSTRIAL PKWY, MOGADORE, OH, 44260-1201
- **NAICS:** 325212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $261K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 34
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*