PPP Loan information for Velasquez mufflers ii, inc.

$50,957

Velasquez mufflers ii, inc. was initially approved for PPP Loan of amount $50,957, the current approved amount is $50,957. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 7 jobs and $50,957 was used to fund payroll.

Velasquez mufflers ii, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Velasquez mufflers ii, inc.

VELASQUEZ MUFFLERS II, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VELASQUEZ MUFFLERS II, INC.

Borrower Address

6655 E. RIVERSIDE BLVD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61114

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50957.00

Current Approval Amount

50957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

BOONE

Project State

IL

Project Zip

61114-2300

CD

IL-17

Jobs Reported

7

NAICS Code

811112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50957.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51681.72

Forgiveness Date

10/07/2021

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