PPP Loan information for Velde of peoria inc.

$201,372

Velde of peoria inc. was initially approved for PPP Loan of amount $201,372, the current approved amount is $201,372. The loan was approved on 02/25/2021 by The Commerce Bank reported 47 jobs and $201,372 was used to fund payroll.

Velde of peoria inc. is Existing or more than 2 years old

PPP Loan Search / IL / Peoria / Velde of peoria inc.

VELDE OF PEORIA INC.

Date Approved

02/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VELDE OF PEORIA INC.

Borrower Address

2200 W Pioneer Pkwy

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61615-1832

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201372.15

Current Approval Amount

201372.15

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1832

CD

IL-16

Jobs Reported

47

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201372.15

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202406.98

Forgiveness Date

09/07/2021

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