PPP Loan information for Velvol llc

$208,780

Velvol llc was initially approved for PPP Loan of amount $208,780, the current approved amount is $208,780. The loan was approved on 05/21/2020 by The East West Bank reported 42 jobs and $208,780 was used to fund payroll.

Velvol llc is New Business or 2 years or less

VELVOL LLC

Date Approved

05/21/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

VELVOL LLC

Borrower Address

2432 78TH AVE NE

Borrower City

MEDINA

Borrower State

WA

Borrower Zip

98039-1522

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208780.00

Current Approval Amount

208780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MEDINA

Project County Name

KING

Project State

WA

Project Zip

98039-1522

CD

WA-01

Jobs Reported

42

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208780.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209899.29

Forgiveness Date

12/02/2020

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