PPP Loan information for Velez two inc

$126,850

Velez two inc was initially approved for PPP Loan of amount $126,850, the current approved amount is $126,850. The loan was approved on 04/29/2020 by The Spectra Bank reported 19 jobs and $126,850 was used to fund payroll.

Velez two inc is Existing or more than 2 years old

VELEZ TWO INC

Date Approved

04/29/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

VELEZ TWO INC

Borrower Address

1396 W Main St

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75067-3326

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126850.00

Current Approval Amount

126850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110473

Servicing Lender Name

Spectra Bank

Servicing Lender Address

2000 Handley Ederville Rd

Servicing Lender City

FORT WORTH

Servicing Lender State

TX

Servicing Lender Zip

76118-7149

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75067-3326

CD

TX-26

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126850.00

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

110473

Originating Lender

Spectra Bank

Originating Lender City

FORT WORTH

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127965.58

Forgiveness Date

03/25/2021

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