PPP Loan information for Veltri and associates corporation

$355,614

Veltri and associates corporation was initially approved for PPP Loan of amount $355,614, the current approved amount is $355,614. The loan was approved on 04/16/2020 by The Unity Bank reported 8 jobs and $355,614 was used to fund payroll.

Veltri and associates corporation is Existing or more than 2 years old

PPP Loan Search / NJ / POINT PLEASANT BEACH / Veltri and associates corporation

VELTRI AND ASSOCIATES CORPORATION

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VELTRI AND ASSOCIATES CORPORATION

Borrower Address

2400 Route 88

Borrower City

POINT PLEASANT BEACH

Borrower State

NJ

Borrower Zip

08742

Loan Status Date

10/20/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

355614.00

Current Approval Amount

355614.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POINT PLEASANT BEACH

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-0001

CD

NJ-04

Jobs Reported

8

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35561.40

Payroll Proceed

284491.20

Mortgage Interest Proceed

17780.70

Rent Proceed

17780.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65515.56

Forgiveness Date

01/26/2022

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