PPP Loan information for Velocity holdings llc

$116,400

Velocity holdings llc was initially approved for PPP Loan of amount $68,900, the current approved amount is $116,400. The loan was approved on 04/07/2020 by The Truist Bank reported 11 jobs and $116,400 was used to fund payroll.

Velocity holdings llc is Existing or more than 2 years old

PPP Loan Search / VA / NORTH CHESTERFIELD / Velocity holdings llc

VELOCITY HOLDINGS LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VELOCITY HOLDINGS LLC

Borrower Address

500 SOUTHLAKE BLVD

Borrower City

NORTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23236-3043

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68900.00

Current Approval Amount

116400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHESTERFIELD

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23236-3043

CD

VA-01

Jobs Reported

11

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117567.23

Forgiveness Date

04/06/2021

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