PPP Loan information for Velocity cnc machining inc

$88,688

Velocity cnc machining inc was initially approved for PPP Loan of amount $88,688, the current approved amount is $88,688. The loan was approved on 05/13/2020 by The U.S. Bank, National Association reported 7 jobs and $88,688 was used to fund payroll.

Velocity cnc machining inc is Existing or more than 2 years old

PPP Loan Search / WA / SOUTH PRAIRIE / Velocity cnc machining inc

VELOCITY CNC MACHINING INC

Date Approved

05/13/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

VELOCITY CNC MACHINING INC

Borrower Address

102 EMERY AVE N

Borrower City

SOUTH PRAIRIE

Borrower State

WA

Borrower Zip

98385

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88688.00

Current Approval Amount

88688.00

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

SOUTH PRAIRIE

Project County Name

PIERCE

Project State

WA

Project Zip

98385-0001

CD

WA-08

Jobs Reported

7

NAICS Code

334511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88688.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89702.98

Forgiveness Date

07/15/2021

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