Velaspan, Inc.
$486,160 PPP Loan in Allentown, Pennsylvania
Loan Details
- Loan Number
- 1236377208
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $486,160
- Current Approval
- $486,160
- Forgiveness Amount
- $490,725
- Forgiveness Date
- Mar 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velaspan, Inc.
- Address
- 515 W Hamilton St. Suite 506
- City
- Allentown
- State
- Pennsylvania
- ZIP Code
- 18101
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541618)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- PA-07
Loan Use Breakdown
- Payroll
- $364,620
- Utilities
- $60,770
- Mortgage Interest
- $60,770
Lender Information
- Servicing Lender
- Fulton Bank, National Association
- Originating Lender
- Fulton Bank, National Association
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