# PPP loan: VERGE SOLUTIONS, LLC
> **$3.00M** approved 04/07/2020 · Paid in Full · Loan `7544127006`
## Borrower
- **Name:** VERGE SOLUTIONS, LLC
- **Address:** 710 JOHNNIE DODDS BLVD, MOUNT PLEASANT, SC, 29464-3032
- **NAICS:** 519190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.00M
- **Initial approval:** $3.00M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Rent:** $601K
- **Utilities:** $150K
- **Jobs reported:** 197
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*