PPP Loan information for Velvet bend

$44,482

Velvet bend was initially approved for PPP Loan of amount $44,482, the current approved amount is $44,482. The loan was approved on 01/28/2021 by The Umpqua Bank reported 6 jobs and $44,482 was used to fund payroll.

Velvet bend is Existing or more than 2 years old

VELVET BEND

Date Approved

01/28/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

VELVET BEND

Borrower Address

805 NW Wall St

Borrower City

Bend

Borrower State

OR

Borrower Zip

97703-2714

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44482.00

Current Approval Amount

44482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bend

Project County Name

DESCHUTES

Project State

OR

Project Zip

97703-2714

CD

OR-05

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44479.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44734.27

Forgiveness Date

09/07/2021

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