PPP Loan information for Velmahos, inc

$38,000

Velmahos, inc was initially approved for PPP Loan of amount $38,000, the current approved amount is $38,000. The loan was approved on 05/21/2020 by The Regions Bank reported 11 jobs and $38,000 was used to fund payroll.

Velmahos, inc is Existing or more than 2 years old

PPP Loan Search / IA / URBANDALE / Velmahos, inc

VELMAHOS, INC

Date Approved

05/21/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VELMAHOS, INC

Borrower Address

2667 86TH ST

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-1000

CD

IA-03

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38233.21

Forgiveness Date

01/08/2021

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