PPP Loan information for Velvetthreadz

$88,950

Velvetthreadz was initially approved for PPP Loan of amount $88,950, the current approved amount is $88,950. The loan was approved on 04/24/2021 by The MBE Capital Partners reported 5 jobs and $88,950 was used to fund payroll.

Velvetthreadz is Existing or more than 2 years old

VELVETTHREADZ

Date Approved

04/24/2021

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VELVETTHREADZ

Borrower Address

14602 Bella Meadow Ct

Borrower City

Cypress

Borrower State

TX

Borrower Zip

77433-6816

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88950.00

Current Approval Amount

88950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cypress

Project County Name

HARRIS

Project State

TX

Project Zip

77433-6816

CD

TX-10

Jobs Reported

5

NAICS Code

448310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88950.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89582.53

Forgiveness Date

01/11/2022

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