PPP Loan information for Velocity oilfield service inc.

$138,382

Velocity oilfield service inc. was initially approved for PPP Loan of amount $138,382, the current approved amount is $138,382. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 200 jobs and $138,382 was used to fund payroll.

Velocity oilfield service inc. is Existing or more than 2 years old

PPP Loan Search / TX / KATY / Velocity oilfield service inc.

VELOCITY OILFIELD SERVICE INC.

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VELOCITY OILFIELD SERVICE INC.

Borrower Address

22631 COLONIAL PKWY APT 5206

Borrower City

KATY

Borrower State

TX

Borrower Zip

77449

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138382.00

Current Approval Amount

138382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KATY

Project County Name

HARRIS

Project State

TX

Project Zip

77449-0001

CD

TX-10

Jobs Reported

200

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

129882.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139395.34

Forgiveness Date

01/26/2021

;