PPP Loan information for Velah group

$51,000

Velah group was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 01/26/2021 by The Commercial Bank of California reported 5 jobs and $51,000 was used to fund payroll.

Velah group is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Velah group

VELAH GROUP

Date Approved

01/26/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

VELAH GROUP

Borrower Address

333 W Broadway Ste 215

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90802-4438

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323687

Servicing Lender Name

Commercial Bank of California

Servicing Lender Address

19752 MacArthur Blvd, Ste 100

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-2409

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-4438

CD

CA-42

Jobs Reported

5

NAICS Code

541219

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50994.00

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

323687

Originating Lender

Commercial Bank of California

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51456.90

Forgiveness Date

01/06/2022

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