PPP Loan information for Vel micro works inc

$55,200

Vel micro works inc was initially approved for PPP Loan of amount $55,200, the current approved amount is $55,200. The loan was approved on 01/22/2021 by The Citizens Bank, National Association reported 3 jobs and $55,200 was used to fund payroll.

Vel micro works inc is Existing or more than 2 years old

PPP Loan Search / DE / Hockessin / Vel micro works inc

VEL MICRO WORKS INC

Date Approved

01/22/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

VEL MICRO WORKS INC

Borrower Address

726 Yorklyn Rd Ste 400

Borrower City

Hockessin

Borrower State

DE

Borrower Zip

19707-8700

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55200.00

Current Approval Amount

55200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hockessin

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19707-8700

CD

DE-

Jobs Reported

3

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55197.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55484.32

Forgiveness Date

08/04/2021

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