PPP Loan information for Velankani communications technologies

$116,679

Velankani communications technologies was initially approved for PPP Loan of amount $116,679, the current approved amount is $116,679. The loan was approved on 02/27/2021 by The LendingClub Bank, National Association reported 5 jobs and $116,679 was used to fund payroll.

Velankani communications technologies is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Velankani communications technologies

VELANKANI COMMUNICATIONS TECHNOLOGIES

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VELANKANI COMMUNICATIONS TECHNOLOGIES

Borrower Address

80 Cottontail Ln Ste 420 Suite 420

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-1100

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116679.00

Current Approval Amount

116679.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1100

CD

NJ-12

Jobs Reported

5

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

116676.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117938.49

Forgiveness Date

04/04/2022

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