PPP Loan information for Velago group corporation

$31,979

Velago group corporation was initially approved for PPP Loan of amount $31,979, the current approved amount is $31,979. The loan was approved on 05/12/2021 by The FirstBank Puerto Rico reported 22 jobs and $31,979 was used to fund payroll.

Velago group corporation is Existing or more than 2 years old

PPP Loan Search / PR / ARECIBO / Velago group corporation

VELAGO GROUP CORPORATION

Date Approved

05/12/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

VELAGO GROUP CORPORATION

Borrower Address

AVE. DE DIEGO #454

Borrower City

ARECIBO

Borrower State

PR

Borrower Zip

00612

Loan Status Date

12/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31979.00

Current Approval Amount

31979.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARECIBO

Project County Name

ARECIBO

Project State

PR

Project Zip

00612

CD

PR-

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31974.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32438.25

Forgiveness Date

10/18/2022

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