PPP Loan information for Velocity construction services

$112,500

Velocity construction services was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/30/2020 by The CommunityAmerica CU reported 8 jobs and $112,500 was used to fund payroll.

Velocity construction services is New Business or 2 years or less

VELOCITY CONSTRUCTION SERVICES

Date Approved

04/30/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

VELOCITY CONSTRUCTION SERVICES

Borrower Address

10101 E 63RD ST

Borrower City

RAYTOWN

Borrower State

MO

Borrower Zip

64133-5103

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

100353

Servicing Lender Name

CommunityAmerica CU

Servicing Lender Address

9777 Ridge Dr

Servicing Lender City

LENEXA

Servicing Lender State

KS

Servicing Lender Zip

66219-9746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAYTOWN

Project County Name

JACKSON

Project State

MO

Project Zip

64133-5103

CD

MO-05

Jobs Reported

8

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20500.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

47000.00

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

100353

Originating Lender

CommunityAmerica CU

Originating Lender City

LENEXA

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113628.08

Forgiveness Date

05/06/2021

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