# PPP loan: VERTEK SOLUTIONS INC.
> **$419K** approved 01/21/2021 · Paid in Full · Loan `3148858303`
## Borrower
- **Name:** VERTEK SOLUTIONS INC.
- **Address:** 720 Cool Springs Blvd Ste 470, Franklin, TN, 37067-2751
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $419K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*