# PPP loan: THE VERTEX COMPANIES INC
> **$6.89M** approved 04/05/2020 · Paid in Full · Loan `5291777004`
## Borrower
- **Name:** THE VERTEX COMPANIES INC
- **Address:** 400 Libbey Parkway, WEYMOUTH, MA, 02189-3134
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.89M
- **Initial approval:** $6.89M
- **Forgiven:** $6.97M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.89M
- **Jobs reported:** 499
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*