PPP Loan information for Velocity biogroup corporation

$174,005

Velocity biogroup corporation was initially approved for PPP Loan of amount $146,660, the current approved amount is $174,005. The loan was approved on 06/23/2020 by The U.S. Bank, National Association reported 6 jobs and $174,005 was used to fund payroll.

Velocity biogroup corporation is Existing or more than 2 years old

PPP Loan Search / CO / DILLON / Velocity biogroup corporation

VELOCITY BIOGROUP CORPORATION

Date Approved

06/23/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

VELOCITY BIOGROUP CORPORATION

Borrower Address

48 GRAYS TRL

Borrower City

DILLON

Borrower State

CO

Borrower Zip

80435

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

146660.00

Current Approval Amount

174005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DILLON

Project County Name

SUMMIT

Project State

CO

Project Zip

80435-0001

CD

CO-02

Jobs Reported

6

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174005.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175856.22

Forgiveness Date

07/20/2021

;