PPP Loan information for Velocity equipment solutions llc

$278,000

Velocity equipment solutions llc was initially approved for PPP Loan of amount $278,000, the current approved amount is $278,000. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 12 jobs and $278,000 was used to fund payroll.

Velocity equipment solutions llc is Existing or more than 2 years old

PPP Loan Search / PA / NEW CASTLE / Velocity equipment solutions llc

VELOCITY EQUIPMENT SOLUTIONS LLC

Date Approved

04/10/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

VELOCITY EQUIPMENT SOLUTIONS LLC

Borrower Address

1902 NEW BUTLER ROAD

Borrower City

NEW CASTLE

Borrower State

PA

Borrower Zip

16107

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278000.00

Current Approval Amount

278000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

LAWRENCE

Project State

PA

Project Zip

16107-0001

CD

PA-16

Jobs Reported

12

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

281724.44

Forgiveness Date

09/02/2021

;