PPP Loan information for Velocity chiropractic and wellness center, llc

$242,000

Velocity chiropractic and wellness center, llc was initially approved for PPP Loan of amount $242,000, the current approved amount is $242,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 23 jobs and $242,000 was used to fund payroll.

Velocity chiropractic and wellness center, llc is Existing or more than 2 years old

PPP Loan Search / NJ / Red Bank / Velocity chiropractic and wellness center, llc

VELOCITY CHIROPRACTIC AND WELLNESS CENTER, LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VELOCITY CHIROPRACTIC AND WELLNESS CENTER, LLC

Borrower Address

231 Maple Avenue

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242000.00

Current Approval Amount

242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Bank

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-0001

CD

NJ-06

Jobs Reported

23

NAICS Code

621310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2673.00

Payroll Proceed

193993.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3934.00

Debt Interest Proceed

1400

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244811.18

Forgiveness Date

06/22/2021

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