Date Approved
04/13/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
M C VELAR CONSTRUCTION CORP
Borrower Address
13950 NW 107TH AVE
Borrower City
HIALEAH
Borrower State
FL
Borrower Zip
33018-1152
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
687100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIAMI-DADE
Project State
Project Zip
CD
FL-26
Jobs Reported
40
NAICS Code
238190
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
695116.17
Forgiveness Date
07/15/2021