PPP Loan information for Velocity benefits, inc.

$28,504

Velocity benefits, inc. was initially approved for PPP Loan of amount $28,504, the current approved amount is $28,504. The loan was approved on 05/13/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $28,504 was used to fund payroll.

Velocity benefits, inc. is New Business or 2 years or less

PPP Loan Search / GA / WOODSTOCK / Velocity benefits, inc.

VELOCITY BENEFITS, INC.

Date Approved

05/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VELOCITY BENEFITS, INC.

Borrower Address

119 NORTHBROOKE TRACE

Borrower City

WOODSTOCK

Borrower State

GA

Borrower Zip

30188

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28504.00

Current Approval Amount

28504.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WOODSTOCK

Project County Name

CHEROKEE

Project State

GA

Project Zip

30188-0001

CD

GA-11

Jobs Reported

7

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28504.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28755.46

Forgiveness Date

04/01/2021

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