Velis Associates, Inc.

$454,562 PPP Loan in Lindenhurst, New York

Loan Details

Loan Number
1818787703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$454,562
Current Approval
$454,562
Forgiveness Amount
$457,915
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Velis Associates, Inc.
Address
151 S 14th St
ZIP Code
11757
Business Type
Corporation
Industry (NAICS)
Manufacturing (333921)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$363,652
Rent
$59,333
Utilities
$12,854
Health Care
$16,623
Debt Interest
$2,100

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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