Date Approved
07/14/2020
SBA Office Code
0464
Processing Method
PPP
Borrower Name
VELOCITY MOTOR SPORTS, LLC
Borrower Address
136 MONARCH RD UNIT C
Borrower City
HOLLY HILL
Borrower State
SC
Borrower Zip
29059-8719
Loan Status Date
11/17/2021
Loan Status
Charged Off
Term
44
SBA Guaranty Percentage
100
Initial Approval Amount
413500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124444
Servicing Lender Name
BankVista
Servicing Lender Address
125 Twin Rivers Ct
Servicing Lender City
SARTELL
Servicing Lender State
MN
Servicing Lender Zip
56377-2144
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ORANGEBURG
Project State
Project Zip
CD
SC-06
Jobs Reported
21
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date