PPP Loan information for Velodyne lidar, inc.

$10,000,000

Velodyne lidar, inc. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/07/2020 by The East West Bank reported 450 jobs and $10,000,000 was used to fund payroll.

Velodyne lidar, inc. is Existing or more than 2 years old

PPP Loan Search / CA / SAN JOSE / Velodyne lidar, inc.

VELODYNE LIDAR, INC.

Date Approved

04/07/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

VELODYNE LIDAR, INC.

Borrower Address

5521 HELLYER AVE

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95138-1017

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95138-1017

CD

CA-19

Jobs Reported

450

NAICS Code

334511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10123888.89

Forgiveness Date

07/01/2021

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