PPP Loan information for Velocity orthopedics, inc.

$66,857

Velocity orthopedics, inc. was initially approved for PPP Loan of amount $66,857, the current approved amount is $66,857. The loan was approved on 04/27/2020 by The GBC International Bank reported 8 jobs and $66,857 was used to fund payroll.

Velocity orthopedics, inc. is New Business or 2 years or less

PPP Loan Search / CA / RANCHO CUCAMONGA / Velocity orthopedics, inc.

VELOCITY ORTHOPEDICS, INC.

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

VELOCITY ORTHOPEDICS, INC.

Borrower Address

10700 Jersey Blvd, Suite 360

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730-5132

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66857.00

Current Approval Amount

66857.00

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

New Business or 2 years or less

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-5132

CD

CA-35

Jobs Reported

8

NAICS Code

423450

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5343.00

Payroll Proceed

53486.00

Mortgage Interest Proceed

0.00

Rent Proceed

8028.00

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

67415.67

Forgiveness Date

03/03/2021

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