PPP Loan information for Velvet sea, llc

$13,504

Velvet sea, llc was initially approved for PPP Loan of amount $13,504, the current approved amount is $13,504. The loan was approved on 04/28/2020 by The The First Bank reported 2 jobs and $13,504 was used to fund payroll.

Velvet sea, llc is New Business or 2 years or less

PPP Loan Search / AL / ORANGE BEACH / Velvet sea, llc

VELVET SEA, LLC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VELVET SEA, LLC

Borrower Address

24800 PERDIDO BEACH BLVD ste 1003

Borrower City

ORANGE BEACH

Borrower State

AL

Borrower Zip

36561-3093

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13503.75

Current Approval Amount

13503.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ORANGE BEACH

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-3093

CD

AL-01

Jobs Reported

2

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13503.75

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13674.42

Forgiveness Date

08/05/2021

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