Velo-Payments INC

$916,690 PPP Loan in Sausalito, California

Loan Details

Loan Number
5702948401
Date Approved
Feb 9, 2021
Loan Status
Exemption 4
Initial Approval
$916,690
Current Approval
$916,690
Forgiveness Amount
$462,865
Forgiveness Date
Oct 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velo-Payments INC
Address
599 Bridgeway
ZIP Code
94965-2248
Business Type
Corporation
Industry (NAICS)
Information (518210)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
CA-02

Loan Use Breakdown

Payroll
$916,689

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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