PPP Loan information for M c velar construction corp

$687,100

M c velar construction corp was initially approved for PPP Loan of amount $687,100, the current approved amount is $687,100. The loan was approved on 04/13/2020 by The Truist Bank reported 40 jobs and $687,100 was used to fund payroll.

M c velar construction corp is Existing or more than 2 years old

M C VELAR CONSTRUCTION CORP

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

M C VELAR CONSTRUCTION CORP

Borrower Address

13950 NW 107TH AVE

Borrower City

HIALEAH

Borrower State

FL

Borrower Zip

33018-1152

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

687100.00

Current Approval Amount

687100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIALEAH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33018-1152

CD

FL-26

Jobs Reported

40

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

687100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

695116.17

Forgiveness Date

07/15/2021

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