Velco Tool & Die INC

$1,326,745 PPP Loan in Lake Forest, California

Loan Details

Loan Number
1142808604
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$1,326,745
Current Approval
$1,326,745
Forgiveness Amount
$1,335,978
Forgiveness Date
Nov 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velco Tool & Die INC
Address
20432 Barents Sea Cir
ZIP Code
92630-8807
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$21.0M
Rural/Urban
Urban
Congressional District
CA-40

Loan Use Breakdown

Payroll
$1,326,741
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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