PPP Loan information for Vel-paz investors inc

$80,457

Vel-paz investors inc was initially approved for PPP Loan of amount $80,457, the current approved amount is $80,457. The loan was approved on 02/10/2021 by The United Bank reported 17 jobs and $80,457 was used to fund payroll.

Vel-paz investors inc is Existing or more than 2 years old

VEL-PAZ INVESTORS INC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

VEL-PAZ INVESTORS INC

Borrower Address

14455 Jefferson Davis Hwy Ste 5

Borrower City

Woodbridge

Borrower State

VA

Borrower Zip

22191-2832

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80457.00

Current Approval Amount

80457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Woodbridge

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

22191-2832

CD

VA-07

Jobs Reported

17

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

80455.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81451.54

Forgiveness Date

05/16/2022

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