# PPP loan: VERNUS TECHNOLOGIES INC
> **$351K** approved 05/01/2020 · Exemption 4 · Loan `6088067710`
## Borrower
- **Name:** VERNUS TECHNOLOGIES INC
- **Address:** 1700 OAK TREE RD, STE # 5H, EDISON, NJ, 08820
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*