PPP Loan information for Velcol llc

$278,000

Velcol llc was initially approved for PPP Loan of amount $278,000, the current approved amount is $278,000. The loan was approved on 01/29/2021 by The ConnectOne Bank reported 36 jobs and $278,000 was used to fund payroll.

Velcol llc is Existing or more than 2 years old

VELCOL LLC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VELCOL LLC

Borrower Address

7700 Tonnelle Ave

Borrower City

North Bergen

Borrower State

NJ

Borrower Zip

07047-4625

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278000.00

Current Approval Amount

278000.00

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

07047-4625

CD

NJ-08

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277999.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

279505.83

Forgiveness Date

08/18/2021

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