PPP Loan information for Vela brothers inc.

$71,253

Vela brothers inc. was initially approved for PPP Loan of amount $62,000, the current approved amount is $71,253. The loan was approved on 01/28/2021 by The Washington Federal Bank reported 7 jobs and $71,253 was used to fund payroll.

Vela brothers inc. is Existing or more than 2 years old

VELA BROTHERS INC.

Date Approved

01/28/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

VELA BROTHERS INC.

Borrower Address

18634 92nd Ave NE

Borrower City

Bothell

Borrower State

WA

Borrower Zip

98011-2207

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

62000.00

Current Approval Amount

71253.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bothell

Project County Name

KING

Project State

WA

Project Zip

98011-2207

CD

WA-01

Jobs Reported

7

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71248.00

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

Corporation

Originating Lender Location Id

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72026.89

Forgiveness Date

03/03/2022

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