PPP Loan information for Veloc inc

$226,500

Veloc inc was initially approved for PPP Loan of amount $226,500, the current approved amount is $226,500. The loan was approved on 04/27/2020 by The Comerica Bank reported 18 jobs and $226,500 was used to fund payroll.

Veloc inc is Existing or more than 2 years old

PPP Loan Search / TX / Lewisville / Veloc inc

VELOC INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

VELOC INC

Borrower Address

2824 Bluffview Drive

Borrower City

Lewisville

Borrower State

TX

Borrower Zip

75067-3840

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226500.00

Current Approval Amount

226500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisville

Project County Name

DENTON

Project State

TX

Project Zip

75067-3840

CD

TX-26

Jobs Reported

18

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181238.50

Mortgage Interest Proceed

45261.50

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228349.75

Forgiveness Date

02/17/2021

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