# PPP loan: VERISM SYSTEMS, INC
> **$150K** approved 04/14/2020 · Paid in Full · Loan `6438967100`
## Borrower
- **Name:** VERISM SYSTEMS, INC
- **Address:** 2401 Stanwell Drive, Suite 460-3, CONCORD, CA, 94520
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 8
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*