PPP Loan information for Velcol llc

$197,800

Velcol llc was initially approved for PPP Loan of amount $197,800, the current approved amount is $197,800. The loan was approved on 04/28/2020 by The ConnectOne Bank reported 40 jobs and $197,800 was used to fund payroll.

Velcol llc is Existing or more than 2 years old

VELCOL LLC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VELCOL LLC

Borrower Address

7700 Tonelle Ave

Borrower City

NORTH BERGEN

Borrower State

NJ

Borrower Zip

07047

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197800.00

Current Approval Amount

197800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BERGEN

Project County Name

HUDSON

Project State

NJ

Project Zip

07047-0001

CD

NJ-08

Jobs Reported

40

NAICS Code

999990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197800.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199470.31

Forgiveness Date

03/08/2021

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