PPP Loan information for Velu restaurant inc.

$114,100

Velu restaurant inc. was initially approved for PPP Loan of amount $114,100, the current approved amount is $114,100. The loan was approved on 02/07/2021 by The Enterprise Bank and Trust Company reported 12 jobs and $114,100 was used to fund payroll.

Velu restaurant inc. is Existing or more than 2 years old

VELU RESTAURANT INC.

Date Approved

02/07/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

VELU RESTAURANT INC.

Borrower Address

59 Range Rd

Borrower City

Windham

Borrower State

NH

Borrower Zip

03087-2003

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114100.00

Current Approval Amount

114100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windham

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03087-2003

CD

NH-02

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

114098.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114680.01

Forgiveness Date

08/13/2021

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