Velmont Transportation Inc.
$130,092 PPP Loan in Palatine, Illinois
Loan Details
- Loan Number
- 3507327402
- Date Approved
- May 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $130,092
- Current Approval
- $130,092
- Forgiveness Amount
- $131,429
- Forgiveness Date
- May 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velmont Transportation Inc.
- Address
- 775 W. Peder Lane
- City
- Palatine
- State
- Illinois
- ZIP Code
- 60067-2362
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (492110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-05
Loan Use Breakdown
- Payroll
- $130,092
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
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