PPP Loan information for Velis associates, inc.

$454,562

Velis associates, inc. was initially approved for PPP Loan of amount $454,562, the current approved amount is $454,562. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 39 jobs and $454,562 was used to fund payroll.

Velis associates, inc. is Existing or more than 2 years old

VELIS ASSOCIATES, INC.

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

VELIS ASSOCIATES, INC.

Borrower Address

151 S 14TH ST

Borrower City

LINDENHURST

Borrower State

NY

Borrower Zip

11757

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454562.00

Current Approval Amount

454562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDENHURST

Project County Name

SUFFOLK

Project State

NY

Project Zip

11757-0001

CD

NY-02

Jobs Reported

39

NAICS Code

333921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12854.00

Payroll Proceed

363652.00

Mortgage Interest Proceed

0.00

Rent Proceed

59333.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16623.00

Debt Interest Proceed

2100

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457915.40

Forgiveness Date

01/28/2021

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