PPP Loan information for Velocity machine tool llc

$7,791

Velocity machine tool llc was initially approved for PPP Loan of amount $7,791, the current approved amount is $7,791. The loan was approved on 07/27/2020 by The Wells Fargo Bank, National Association reported 1 jobs and $7,791 was used to fund payroll.

Velocity machine tool llc is Existing or more than 2 years old

PPP Loan Search / MN / RICE / Velocity machine tool llc

VELOCITY MACHINE TOOL LLC

Date Approved

07/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VELOCITY MACHINE TOOL LLC

Borrower Address

40294 COUNTY ROAD 1

Borrower City

RICE

Borrower State

MN

Borrower Zip

56367

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7791.00

Current Approval Amount

7791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICE

Project County Name

BENTON

Project State

MN

Project Zip

56367-0001

CD

MN-06

Jobs Reported

1

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7791.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7843.72

Forgiveness Date

04/02/2021

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