PPP Loan information for Velmac llc

$8,100

Velmac llc was initially approved for PPP Loan of amount $8,100, the current approved amount is $8,100. The loan was approved on 04/29/2020 by The Truist Bank reported 6 jobs and $8,100 was used to fund payroll.

Velmac llc is Existing or more than 2 years old

VELMAC LLC

Date Approved

04/29/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

VELMAC LLC

Borrower Address

1616 Lake Dr Ste 7

Borrower City

Deland

Borrower State

FL

Borrower Zip

32724

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8100.00

Current Approval Amount

8100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Deland

Project County Name

VOLUSIA

Project State

FL

Project Zip

32724-0001

CD

FL-06

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8157.82

Forgiveness Date

01/20/2021

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