PPP Loan information for Velecela contractors llc

$20,833

Velecela contractors llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/14/2021 by The Bank of America, National Association reported 1 jobs and $20,833 was used to fund payroll.

Velecela contractors llc is Existing or more than 2 years old

VELECELA CONTRACTORS LLC

Date Approved

04/14/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VELECELA CONTRACTORS LLC

Borrower Address

1734 Martine Ave

Borrower City

Scotch Plains

Borrower State

NJ

Borrower Zip

07076-2912

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scotch Plains

Project County Name

UNION

Project State

NJ

Project Zip

07076-2912

CD

NJ-07

Jobs Reported

1

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20964.85

Forgiveness Date

12/02/2021

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