Velotech, Inc.

$506,000 PPP Loan in Portland, Oregon

Loan Details

Loan Number
1267547105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$506,000
Current Approval
$506,000
Forgiveness Amount
$508,773
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Velotech, Inc.
Address
5741 NE 87th Ave
State
Oregon
ZIP Code
97220-1311
Business Type
Corporation
Industry (NAICS)
Retail Trade (454110)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.7M
Rural/Urban
Urban
Congressional District
OR-03

Loan Use Breakdown

Payroll
$506,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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