PPP Loan information for Velko hinge, inc.

$244,393

Velko hinge, inc. was initially approved for PPP Loan of amount $244,392, the current approved amount is $244,393. The loan was approved on 04/08/2020 by The Horizon Bank reported 21 jobs and $244,393 was used to fund payroll.

Velko hinge, inc. is Existing or more than 2 years old

VELKO HINGE, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VELKO HINGE, INC.

Borrower Address

9325 KENNEDY CT

Borrower City

MUNSTER

Borrower State

IN

Borrower Zip

46321-2817

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244392.00

Current Approval Amount

244393.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNSTER

Project County Name

LAKE

Project State

IN

Project Zip

46321-2817

CD

IN-01

Jobs Reported

21

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48878.00

Payroll Proceed

195515.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245725.44

Forgiveness Date

11/03/2020

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