PPP Loan information for Velocity investments inc

$54,315

Velocity investments inc was initially approved for PPP Loan of amount $54,315, the current approved amount is $54,315. The loan was approved on 04/16/2021 by The Banner Bank reported 10 jobs and $54,315 was used to fund payroll.

Velocity investments inc is Existing or more than 2 years old

VELOCITY INVESTMENTS INC

Date Approved

04/16/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

VELOCITY INVESTMENTS INC

Borrower Address

6966 Coal Creek Pkwy SE

Borrower City

Newcastle

Borrower State

WA

Borrower Zip

98059-3137

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54315.00

Current Approval Amount

54315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newcastle

Project County Name

KING

Project State

WA

Project Zip

98059-3137

CD

WA-09

Jobs Reported

10

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54313.00

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

Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54515.89

Forgiveness Date

09/07/2021

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