PPP Loan information for Velocity carwash, llc

$88,500

Velocity carwash, llc was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 11 jobs and $88,500 was used to fund payroll.

Velocity carwash, llc is New Business or 2 years or less

VELOCITY CARWASH, LLC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

VELOCITY CARWASH, LLC

Borrower Address

503 North 1500 West

Borrower City

Orem

Borrower State

UT

Borrower Zip

84057

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Orem

Project County Name

UTAH

Project State

UT

Project Zip

84057-1201

CD

UT-03

Jobs Reported

11

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88500.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89183.75

Forgiveness Date

02/16/2021

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