# PPP loan: VERITE INC
> **$621K** approved 01/28/2021 · Paid in Full · Loan `7514878308`
## Borrower
- **Name:** VERITE INC
- **Address:** 44 Belchertown Rd, Amherst, MA, 01002-2992
- **NAICS:** 813311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $621K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Greenfield Co-Operative Bank
- **Servicing:** Greenfield Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*