PPP Loan information for Velox union inc

$28,012

Velox union inc was initially approved for PPP Loan of amount $28,012, the current approved amount is $28,012. The loan was approved on 01/21/2021 by The Bank of America, National Association reported 6 jobs and $28,012 was used to fund payroll.

Velox union inc is Existing or more than 2 years old

PPP Loan Search / GA / Tucker / Velox union inc

VELOX UNION INC

Date Approved

01/21/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

VELOX UNION INC

Borrower Address

4307 Hugh Howell Rd

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084-4706

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28012.00

Current Approval Amount

28012.00

Undisbursed Amount

0.00

Franchise Name

Velox Insurance Inc. - License Agreement

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tucker

Project County Name

DEKALB

Project State

GA

Project Zip

30084-4706

CD

GA-04

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28010.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28398.03

Forgiveness Date

06/09/2022

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