PPP Loan information for Velago group corporation

$39,000

Velago group corporation was initially approved for PPP Loan of amount $39,000, the current approved amount is $39,000. The loan was approved on 05/05/2020 by The Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a reported 14 jobs and $39,000 was used to fund payroll.

Velago group corporation is New Business or 2 years or less

PPP Loan Search / PR / ARECIBO / Velago group corporation

VELAGO GROUP CORPORATION

Date Approved

05/05/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

VELAGO GROUP CORPORATION

Borrower Address

PO BOX 1365

Borrower City

ARECIBO

Borrower State

PR

Borrower Zip

00613-1365

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39000.00

Current Approval Amount

39000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109312

Servicing Lender Name

Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a

Servicing Lender Address

Villa Los Santos 4 Calle 1, Ste 1

Servicing Lender City

ARECIBO

Servicing Lender State

PR

Servicing Lender Zip

00612-0612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARECIBO

Project County Name

ARECIBO

Project State

PR

Project Zip

00613-1365

CD

PR-

Jobs Reported

14

NAICS Code

445120

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39000.00

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

109312

Originating Lender

Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a

Originating Lender City

ARECIBO

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39297.92

Forgiveness Date

02/09/2021

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