PPP Loan information for Velo construction corporation

$25,910

Velo construction corporation was initially approved for PPP Loan of amount $25,910, the current approved amount is $25,910. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 1 jobs and $25,910 was used to fund payroll.

Velo construction corporation is New Business or 2 years or less

PPP Loan Search / MA / Sudbury / Velo construction corporation

VELO CONSTRUCTION CORPORATION

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VELO CONSTRUCTION CORPORATION

Borrower Address

365 Boston Post Road, Suite 142

Borrower City

Sudbury

Borrower State

MA

Borrower Zip

01776

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25910.00

Current Approval Amount

25910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sudbury

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01776-0001

CD

MA-05

Jobs Reported

1

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25910.00

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

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26109.36

Forgiveness Date

01/26/2021

;