Velico Medical, Inc.

$475,800 PPP Loan in Beverly, Massachusetts

Loan Details

Loan Number
8038577101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$475,800
Current Approval
$475,800
Forgiveness Amount
$482,761
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Velico Medical, Inc.
Address
100 Cummings Center 436h
ZIP Code
01915
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$475,800

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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