PPP Loan information for Velocity auto sales llc

$35,832

Velocity auto sales llc was initially approved for PPP Loan of amount $35,832, the current approved amount is $35,832. The loan was approved on 02/13/2021 by The First Horizon Bank reported 3 jobs and $35,832 was used to fund payroll.

Velocity auto sales llc is Existing or more than 2 years old

PPP Loan Search / SC / Orangeburg / Velocity auto sales llc

VELOCITY AUTO SALES LLC

Date Approved

02/13/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELOCITY AUTO SALES LLC

Borrower Address

1112 Magnolia St

Borrower City

Orangeburg

Borrower State

SC

Borrower Zip

29115-6186

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35832.00

Current Approval Amount

35832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Orangeburg

Project County Name

ORANGEBURG

Project State

SC

Project Zip

29115-6186

CD

SC-06

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

35827.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36039.03

Forgiveness Date

09/15/2021

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