Velan Studios INC

$1,473,650 PPP Loan in Troy, New York

Loan Details

Loan Number
1482478510
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$1,473,650
Current Approval
$1,473,650
Forgiveness Amount
$1,480,473
Forgiveness Date
Aug 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velan Studios INC
Address
5 3rd St Ste 300
City
Troy
ZIP Code
12180-3555
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$18.0M
Rural/Urban
Rural
Congressional District
NY-20

Loan Use Breakdown

Payroll
$1,473,646
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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