PPP Loan information for Velaga associates inc.

$119,567

Velaga associates inc. was initially approved for PPP Loan of amount $119,567, the current approved amount is $119,567. The loan was approved on 02/09/2021 by The Customers Bank reported 6 jobs and $119,567 was used to fund payroll.

Velaga associates inc. is Existing or more than 2 years old

VELAGA ASSOCIATES INC.

Date Approved

02/09/2021

SBA Office Code

0358

Processing Method

PPP

Borrower Name

VELAGA ASSOCIATES INC.

Borrower Address

246 Moon Clinton Rd

Borrower City

Coraopolis

Borrower State

PA

Borrower Zip

15108-2490

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119567.00

Current Approval Amount

119567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coraopolis

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15108-2490

CD

PA-17

Jobs Reported

6

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119565.00

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

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120448.19

Forgiveness Date

12/21/2021

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