PPP Loan information for Velocity orthopedics inc.

$66,859

Velocity orthopedics inc. was initially approved for PPP Loan of amount $66,859, the current approved amount is $66,859. The loan was approved on 01/19/2021 by The GBC International Bank reported 9 jobs and $66,859 was used to fund payroll.

Velocity orthopedics inc. is Existing or more than 2 years old

VELOCITY ORTHOPEDICS INC.

Date Approved

01/19/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

VELOCITY ORTHOPEDICS INC.

Borrower Address

10700 Jersey Blvd Ste 360

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91730-5132

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66858.62

Current Approval Amount

66858.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5564

Servicing Lender Name

GBC International Bank

Servicing Lender Address

333 S Grand Ave Suite 3500

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-5132

CD

CA-35

Jobs Reported

9

NAICS Code

339113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66854.62

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

5564

Originating Lender

GBC International Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67371.51

Forgiveness Date

11/03/2021

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