As part of the Paycheck Protection Program VELOS LLC 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.

VELOS LLC


Loan Amount	$889,400
BusinessName	VELOS LLC
Address	11779 Somerset Avenue
City	Princess Anne
State	MD
Zip	21853
NAICSCode	453998
BusinessType	Sole Proprietorship
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	55
DateApproved	04/15/2020
Lender	Readycap Lending, LLC
CD	MD-01
BusinessName.clean	VELOS

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

VELOX EXPRESS
VELTRI
VELTRI TRUCKING
VELUX AMERICA
VELUX GREENWOOD