PPP borrower record

VELIR STUDIOS INC PPP loan record

Public SBA PPP loan record for VELIR STUDIOS INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$2,166,107
Approved amount
$2,190,676
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
VELIR STUDIOS INC
Loan number
2520967101
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Somerville
Borrower state
Massachusetts
Borrower ZIP
02144
Jobs reported
111
Loan status
Exemption 4
Forgiveness date
2021-06-09
Servicing lender
Cambridge Savings Bank
Originating lender
Cambridge Savings Bank

Reported use of proceeds

Payroll
$1,624,580
Rent
N/A
Utilities
$541,527
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.