Vel Enterprises, INC

$109,540 PPP Loan in Tallahassee, Florida

Loan Details

Loan Number
5629867005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$109,540
Current Approval
$109,115
Forgiveness Amount
$110,203
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vel Enterprises, INC
Address
3501 Maclay Blvd
State
Florida
ZIP Code
32312
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561499)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-02

Loan Use Breakdown

Payroll
$100,135
Utilities
$8,980

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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