Date Approved
04/10/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
VELVET GALT INC
Borrower Address
25 Sierra Vista Rd
Borrower City
SANTA BARBARA
Borrower State
CA
Borrower Zip
93108-1741
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
119900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
14858
Servicing Lender Name
Bank of Stockton
Servicing Lender Address
301 E Miner Ave
Servicing Lender City
STOCKTON
Servicing Lender State
Servicing Lender Zip
95202-2501
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
CA-24
Jobs Reported
20
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
8942.00
Payroll Proceed
100373.00
Mortgage Interest Proceed
Rent Proceed
10585.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
120668.67
Forgiveness Date
12/08/2020