PPP Loan information for Velox express, inc.

$931,079

Velox express, inc. was initially approved for PPP Loan of amount $931,079, the current approved amount is $931,079. The loan was approved on 04/08/2020 by The First Merchants Bank reported 102 jobs and $931,079 was used to fund payroll.

Velox express, inc. is Existing or more than 2 years old

PPP Loan Search / IN / GREENWOOD / Velox express, inc.

VELOX EXPRESS, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VELOX EXPRESS, INC.

Borrower Address

243 S MADISON AVE

Borrower City

GREENWOOD

Borrower State

IN

Borrower Zip

46142-3123

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

931079.00

Current Approval Amount

931079.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENWOOD

Project County Name

JOHNSON

Project State

IN

Project Zip

46142-3123

CD

IN-06

Jobs Reported

102

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

931079.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

945134.47

Forgiveness Date

10/20/2021

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