Velan Studios, INC
$1,093,602 PPP Loan in Troy, New York
Loan Details
- Loan Number
- 8899457102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,093,602
- Current Approval
- $1,093,602
- Forgiveness Amount
- $1,099,415
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velan Studios, INC
- Address
- 5 3rd Street Suite 300 Suite 300
- City
- Troy
- State
- New York
- ZIP Code
- 12180
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 76
- Estimated Revenue
- $15.7M
- Rural/Urban
- Rural
- Congressional District
- NY-20
Loan Use Breakdown
- Payroll
- $964,000
- Rent
- $35,000
- Utilities
- $4,602
- Health Care
- $90,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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