PPP Loan information for Velocity motors gr, llc

$55,690

Velocity motors gr, llc was initially approved for PPP Loan of amount $55,690, the current approved amount is $55,690. The loan was approved on 01/23/2021 by The Old National Bank reported 7 jobs and $55,690 was used to fund payroll.

Velocity motors gr, llc is Existing or more than 2 years old

PPP Loan Search / MI / Caledonia / Velocity motors gr, llc

VELOCITY MOTORS GR, LLC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VELOCITY MOTORS GR, LLC

Borrower Address

3989 68th St SE

Borrower City

Caledonia

Borrower State

MI

Borrower Zip

49316-8380

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55690.00

Current Approval Amount

55690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caledonia

Project County Name

KENT

Project State

MI

Project Zip

49316-8380

CD

MI-03

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55690.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56188.92

Forgiveness Date

12/22/2021

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