# PPP loan: VERIFRACT, LLC
> **$2.61M** approved 05/01/2020 · Paid in Full · Loan `3018057708`
## Borrower
- **Name:** VERIFRACT, LLC
- **Address:** 1680 Meridian Ave Ste 402, Miami Beach, FL, 33139
- **NAICS:** 541512
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.61M
- **Initial approval:** $2.61M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Rent:** $70K
- **Health care:** $285K
- **Jobs reported:** 107
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*