PPP Loan information for Velesco pharmaceutical services inc

$262,263

Velesco pharmaceutical services inc was initially approved for PPP Loan of amount $262,263, the current approved amount is $262,263. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 15 jobs and $262,263 was used to fund payroll.

Velesco pharmaceutical services inc is Existing or more than 2 years old

PPP Loan Search / MI / Wixom / Velesco pharmaceutical services inc

VELESCO PHARMACEUTICAL SERVICES INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VELESCO PHARMACEUTICAL SERVICES INC

Borrower Address

28036 Oakland Oaks Ct

Borrower City

Wixom

Borrower State

MI

Borrower Zip

48393-3348

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262262.50

Current Approval Amount

262262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wixom

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3348

CD

MI-11

Jobs Reported

15

NAICS Code

423450

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262259.50

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263347.48

Forgiveness Date

06/28/2021

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