# PPP loan: VERADO ENERGY, INC.
> **$556K** approved 04/27/2020 · Paid in Full · Loan `3536167205`
## Borrower
- **Name:** VERADO ENERGY, INC.
- **Address:** 900 W Bethany Drive Suite 360, ALLEN, TX, 75013-3806
- **NAICS:** 211130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Jobs reported:** 23
## Lender
- **Originating:** Security National Bank of Omaha
- **Servicing:** Security National Bank of Omaha (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*