PPP Loan information for Velero productions llc

$40,333

Velero productions llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $40,333. The loan was approved on 05/18/2020 by The BankNewport reported 1 jobs and $40,333 was used to fund payroll.

Velero productions llc is Existing or more than 2 years old

PPP Loan Search / RI / JAMESTOWN / Velero productions llc

VELERO PRODUCTIONS LLC

Date Approved

05/18/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

VELERO PRODUCTIONS LLC

Borrower Address

183 Narragansett Ave

Borrower City

JAMESTOWN

Borrower State

RI

Borrower Zip

02835

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

40333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMESTOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02835-0001

CD

RI-01

Jobs Reported

1

NAICS Code

711410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40333.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33274.51

Forgiveness Date

03/02/2021

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