PPP Loan information for Veltri inc.

$1,300,000

Veltri inc. was initially approved for PPP Loan of amount $1,300,000, the current approved amount is $1,300,000. The loan was approved on 04/28/2020 by The QNB Bank reported 244 jobs and $1,300,000 was used to fund payroll.

Veltri inc. is Existing or more than 2 years old

VELTRI INC.

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

VELTRI INC.

Borrower Address

1961 HARTEL AVE

Borrower City

LEVITTOWN

Borrower State

PA

Borrower Zip

19057-4505

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300000.00

Current Approval Amount

1300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEVITTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

19057-4505

CD

PA-01

Jobs Reported

244

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300000.00

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

Subchapter S Corporation

Originating Lender Location Id

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1316882.19

Forgiveness Date

08/19/2021

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