PPP Loan information for Velocity group llc

$34,700

Velocity group llc was initially approved for PPP Loan of amount $34,700, the current approved amount is $34,700. The loan was approved on 04/30/2020 by The Comerica Bank reported 3 jobs and $34,700 was used to fund payroll.

Velocity group llc is New Business or 2 years or less

PPP Loan Search / MI / Keego Harbor / Velocity group llc

VELOCITY GROUP LLC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VELOCITY GROUP LLC

Borrower Address

2804 Orchard Lake Rd. Suite 204

Borrower City

Keego Harbor

Borrower State

MI

Borrower Zip

48390

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34700.00

Current Approval Amount

34700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Keego Harbor

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-0001

CD

MI-11

Jobs Reported

3

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34700.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35021.94

Forgiveness Date

04/08/2021

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