PPP Loan information for Velox internatinal shipping inc

$300,000

Velox internatinal shipping inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 03/12/2021 by The JPMorgan Chase Bank, National Association reported 20 jobs and $300,000 was used to fund payroll.

Velox internatinal shipping inc is Existing or more than 2 years old

VELOX INTERNATINAL SHIPPING INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VELOX INTERNATINAL SHIPPING INC

Borrower Address

31 Merry Ln

Borrower City

East Hanover

Borrower State

NJ

Borrower Zip

07936-3901

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Hanover

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-3901

CD

NJ-11

Jobs Reported

20

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299998.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302221.33

Forgiveness Date

12/14/2021

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