PPP Loan information for Velocity design group

$19,000

Velocity design group was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 05/01/2020 by The Customers Bank reported 6 jobs and $19,000 was used to fund payroll.

Velocity design group is Existing or more than 2 years old

VELOCITY DESIGN GROUP

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELOCITY DESIGN GROUP

Borrower Address

105 La Von Ln,Suite C

Borrower City

Easley

Borrower State

SC

Borrower Zip

29642

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Easley

Project County Name

PICKENS

Project State

SC

Project Zip

29642-0800

CD

SC-03

Jobs Reported

6

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19000.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19155.12

Forgiveness Date

03/02/2021

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