PPP Loan information for Velsor properties, llc

$245,700

Velsor properties, llc was initially approved for PPP Loan of amount $245,700, the current approved amount is $245,700. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 15 jobs and $245,700 was used to fund payroll.

Velsor properties, llc is Existing or more than 2 years old

VELSOR PROPERTIES, LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VELSOR PROPERTIES, LLC

Borrower Address

1430 Springhill Rd Suite 100

Borrower City

MC LEAN

Borrower State

VA

Borrower Zip

22101

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245700.00

Current Approval Amount

245700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC LEAN

Project County Name

FAIRFAX

Project State

VA

Project Zip

22101-0001

CD

VA-08

Jobs Reported

15

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247806.96

Forgiveness Date

02/25/2021

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