PPP Loan information for Vela institute, inc.

$45,900

Vela institute, inc. was initially approved for PPP Loan of amount $45,900, the current approved amount is $45,900. The loan was approved on 04/28/2020 by The First National Bank of Pennsylvania reported 5 jobs and $45,900 was used to fund payroll.

Vela institute, inc. is Existing or more than 2 years old

PPP Loan Search / NC / BOONE / Vela institute, inc.

VELA INSTITUTE, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VELA INSTITUTE, INC.

Borrower Address

237 CHESTNUT HILL

Borrower City

BOONE

Borrower State

NC

Borrower Zip

28607-8023

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45900.00

Current Approval Amount

45900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-8023

CD

NC-05

Jobs Reported

5

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45900.00

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

Professional Association

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46176.67

Forgiveness Date

12/14/2020

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