PPP Loan information for Velocity markets, inc.

$334,600

Velocity markets, inc. was initially approved for PPP Loan of amount $334,600, the current approved amount is $334,600. The loan was approved on 04/06/2020 by The Community Trust Bank, Inc. reported 101 jobs and $334,600 was used to fund payroll.

Velocity markets, inc. is Existing or more than 2 years old

PPP Loan Search / KY / PIKEVILLE / Velocity markets, inc.

VELOCITY MARKETS, INC.

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

VELOCITY MARKETS, INC.

Borrower Address

PO BOX 2558

Borrower City

PIKEVILLE

Borrower State

KY

Borrower Zip

41502-2558

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334600.00

Current Approval Amount

334600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIKEVILLE

Project County Name

PIKE

Project State

KY

Project Zip

41502-2558

CD

KY-05

Jobs Reported

101

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334600.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338633.53

Forgiveness Date

06/30/2021

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