PPP Loan information for Velco corp

$32,217

Velco corp was initially approved for PPP Loan of amount $32,217, the current approved amount is $32,217. The loan was approved on 04/27/2020 by The FirstBank Puerto Rico reported 6 jobs and $32,217 was used to fund payroll.

Velco corp is New Business or 2 years or less

VELCO CORP

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

VELCO CORP

Borrower Address

98 CALLE GIRALDA SUITE 2

Borrower City

MAYAGUEZ

Borrower State

PR

Borrower Zip

00680

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32217.00

Current Approval Amount

32217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAYAGUEZ

Project County Name

MAYAGUEZ

Project State

PR

Project Zip

00680-1200

CD

PR-

Jobs Reported

6

NAICS Code

448140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32217.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32590.18

Forgiveness Date

06/28/2021

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