As part of the Paycheck Protection Program VELODYNE LIDAR, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

VELODYNE LIDAR, INC


Loan Amount	$10,000,000
BusinessName	VELODYNE LIDAR, INC
Address	5521 HELLYER AVE
City	SAN JOSE
State	CA
Zip	95138
NAICSCode	334511
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	450
DateApproved	04/07/2020
Lender	East West Bank
CD	CA-19
BusinessName.clean	VELODYNE LIDAR

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

VELOS
VELOX EXPRESS
VELTRI
VELTRI TRUCKING
VELUX AMERICA