PPP Loan information for Veloc inc

$200,700

Veloc inc was initially approved for PPP Loan of amount $200,700, the current approved amount is $200,700. The loan was approved on 01/30/2021 by The Comerica Bank reported 15 jobs and $200,700 was used to fund payroll.

Veloc inc is Existing or more than 2 years old

VELOC INC

Date Approved

01/30/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

VELOC INC

Borrower Address

2824 Bluffview Dr

Borrower City

Lewisville

Borrower State

TX

Borrower Zip

75067-3840

Loan Status Date

03/27/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200700.00

Current Approval Amount

200700.00

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

15

NAICS Code

561990

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

200694.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201759.25

Forgiveness Date

08/16/2021

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