PPP Loan information for Velmed,inc

$29,200

Velmed,inc was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/30/2020 by The Truist Bank reported 2 jobs and $29,200 was used to fund payroll.

Velmed,inc is Existing or more than 2 years old

VELMED,INC

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELMED,INC

Borrower Address

20 Sable Dr, Unit 9

Borrower City

Bluffton

Borrower State

SC

Borrower Zip

29910

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

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

Bluffton

Project County Name

BEAUFORT

Project State

SC

Project Zip

29910-0001

CD

SC-01

Jobs Reported

2

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29483.08

Forgiveness Date

04/21/2021

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