PPP Loan information for Velasco & associates

$49,110

Velasco & associates was initially approved for PPP Loan of amount $49,110, the current approved amount is $49,110. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $49,110 was used to fund payroll.

Velasco & associates is Existing or more than 2 years old

VELASCO & ASSOCIATES

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VELASCO & ASSOCIATES

Borrower Address

220 E STATE ST FL G

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49110.00

Current Approval Amount

49110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1000

CD

IL-17

Jobs Reported

7

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44110.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49536.47

Forgiveness Date

03/17/2021

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