PPP Loan information for Velmart, inc

$22,323

Velmart, inc was initially approved for PPP Loan of amount $22,323, the current approved amount is $22,323. The loan was approved on 05/14/2020 by The FirstBank Puerto Rico reported 10 jobs and $22,323 was used to fund payroll.

Velmart, inc is Existing or more than 2 years old

PPP Loan Search / PR / CAMUY / Velmart, inc

VELMART, INC

Date Approved

05/14/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

VELMART, INC

Borrower Address

486 Road KM 0.1 Quebrda Ward

Borrower City

CAMUY

Borrower State

PR

Borrower Zip

00627-8925

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22323.00

Current Approval Amount

22323.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMUY

Project County Name

CAMUY

Project State

PR

Project Zip

00627-8925

CD

PR-

Jobs Reported

10

NAICS Code

446110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22323.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22490.42

Forgiveness Date

02/17/2021

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