Velir Studios INC
$2,166,107 PPP Loan in Somerville, Massachusetts
Loan Details
- Loan Number
- 2520967101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,166,107
- Current Approval
- $2,166,107
- Forgiveness Amount
- $2,190,676
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velir Studios INC
- Address
- 212 Elm St
- City
- Somerville
- State
- Massachusetts
- ZIP Code
- 02144-2913
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 111
- Estimated Revenue
- $12.4M
- Rural/Urban
- Urban
- Congressional District
- MA-07
Loan Use Breakdown
- Payroll
- $1,624,580
- Utilities
- $541,527
Lender Information
- Servicing Lender
- Cambridge Savings Bank
- Originating Lender
- Cambridge Savings Bank
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