PPP Loan information for Vele inc

$32,600

Vele inc was initially approved for PPP Loan of amount $32,600, the current approved amount is $32,600. The loan was approved on 04/06/2020 by The The Stephenson National Bank and Trust reported 8 jobs and $32,600 was used to fund payroll.

Vele inc is Existing or more than 2 years old

PPP Loan Search / WI / MARINETTE / Vele inc

VELE INC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VELE INC

Borrower Address

2700 Cleveland Avenue PO Box 151

Borrower City

MARINETTE

Borrower State

WI

Borrower Zip

54143-3735

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32600.00

Current Approval Amount

32600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76260

Servicing Lender Name

The Stephenson National Bank and Trust

Servicing Lender Address

1820 Hall Ave

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1715

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARINETTE

Project County Name

MARINETTE

Project State

WI

Project Zip

54143-3735

CD

WI-08

Jobs Reported

8

NAICS Code

447190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

26600.00

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

76260

Originating Lender

The Stephenson National Bank and Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23745.53

Forgiveness Date

11/25/2020

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