PPP Loan information for Velocita technology inc

$115,165

Velocita technology inc was initially approved for PPP Loan of amount $115,165, the current approved amount is $115,165. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $115,165 was used to fund payroll.

Velocita technology inc is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Velocita technology inc

VELOCITA TECHNOLOGY INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VELOCITA TECHNOLOGY INC

Borrower Address

50 BARNEY DR

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60435

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115165.00

Current Approval Amount

115165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60435-0100

CD

IL-14

Jobs Reported

11

NAICS Code

423430

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115165.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115839.04

Forgiveness Date

11/27/2020

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