Veritone Picks Up $6.5M In PPP Loans
socalTECH
APRIL 20, 2020
The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs. The loans are part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Veritone has over 300 employees and had 2019 net revenues of $49.6M.
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