# PPP loan: VERDE DESIGN INC
> **$667K** approved 04/27/2020 · Paid in Full · Loan `5560357202`
## Borrower
- **Name:** VERDE DESIGN INC
- **Address:** 2455 THE ALAMEDA STE 200, SANTA CLARA, CA, 95050
- **NAICS:** 541320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $667K
- **Initial approval:** $667K
- **Forgiven:** $674K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $667K
- **Jobs reported:** 38
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*