PPP Loan information for Velox union inc

$38,013

Velox union inc was initially approved for PPP Loan of amount $38,013, the current approved amount is $38,013. The loan was approved on 04/29/2020 by The Bank of America, National Association reported 4 jobs and $38,013 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

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VELOX UNION INC

Borrower Address

4307 HUGH HOWELL RD

Borrower City

TUCKER

Borrower State

GA

Borrower Zip

30084-4706

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

30

SBA Guaranty Percentage

100

Initial Approval Amount

38013.00

Current Approval Amount

38013.00

Undisbursed Amount

0.00

Franchise Name

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

4

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38013.00

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

28381.10

Forgiveness Date

08/27/2021

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