PPP Loan information for Vitel communications inc

$72,000

Vitel communications inc was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 01/25/2021 by The Regions Bank reported 7 jobs and $72,000 was used to fund payroll.

Vitel communications inc is Existing or more than 2 years old

VITEL COMMUNICATIONS INC

Date Approved

01/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

VITEL COMMUNICATIONS INC

Borrower Address

8109 NW 33rd St

Borrower City

Doral

Borrower State

FL

Borrower Zip

33122-1005

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Doral

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33122-1005

CD

FL-26

Jobs Reported

7

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

71999.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

72627.29

Forgiveness Date

12/14/2021

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