PPP Loan information for Vele corporation

$146,436

Vele corporation was initially approved for PPP Loan of amount $146,436, the current approved amount is $146,436. The loan was approved on 01/19/2021 by The Morton Community Bank reported 24 jobs and $146,436 was used to fund payroll.

Vele corporation is Existing or more than 2 years old

PPP Loan Search / IL / Springfield / Vele corporation

VELE CORPORATION

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VELE CORPORATION

Borrower Address

3241 W Iles Ave

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62711-9671

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

146436.39

Current Approval Amount

146436.39

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

SANGAMON

Project State

IL

Project Zip

62711-9671

CD

IL-15

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

146431.39

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147579.41

Forgiveness Date

11/03/2021

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