PPP Loan information for Vel enterprises, inc

$109,115

Vel enterprises, inc was initially approved for PPP Loan of amount $109,540, the current approved amount is $109,115. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 18 jobs and $109,115 was used to fund payroll.

Vel enterprises, inc is Existing or more than 2 years old

PPP Loan Search / FL / TALLAHASSEE / Vel enterprises, inc

VEL ENTERPRISES, INC

Date Approved

04/06/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

VEL ENTERPRISES, INC

Borrower Address

3501 Maclay Blvd

Borrower City

TALLAHASSEE

Borrower State

FL

Borrower Zip

32312

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109539.65

Current Approval Amount

109115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TALLAHASSEE

Project County Name

LEON

Project State

FL

Project Zip

32312-0100

CD

FL-02

Jobs Reported

18

NAICS Code

561499

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8980.00

Payroll Proceed

100135.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110203.16

Forgiveness Date

04/15/2021

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