PPP Loan information for Vel's inc

$125,000

Vel's inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/14/2020 by The TD Bank, National Association reported 49 jobs and $125,000 was used to fund payroll.

Vel's inc is Existing or more than 2 years old

PPP Loan Search / MA / WEST WAREHAM / Vel's inc

VEL'S INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VEL'S INC

Borrower Address

2352 CRANBERRY HWY

Borrower City

WEST WAREHAM

Borrower State

MA

Borrower Zip

02576

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST WAREHAM

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02576-0001

CD

MA-09

Jobs Reported

49

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126548.61

Forgiveness Date

07/15/2021

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