PPP Loan information for Velo squared, llc

$23,963

Velo squared, llc was initially approved for PPP Loan of amount $23,963, the current approved amount is $23,963. The loan was approved on 04/30/2020 by The Customers Bank reported 1 jobs and $23,963 was used to fund payroll.

Velo squared, llc is Existing or more than 2 years old

PPP Loan Search / MA / Palmer / Velo squared, llc

VELO SQUARED, LLC

Date Approved

04/30/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

VELO SQUARED, LLC

Borrower Address

7 3rd Street

Borrower City

Palmer

Borrower State

MA

Borrower Zip

01069

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23963.00

Current Approval Amount

23963.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palmer

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-0001

CD

MA-01

Jobs Reported

1

NAICS Code

424820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23963.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24345.75

Forgiveness Date

12/14/2021

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