PPP Loan information for Velocity portfolio group inc

$468,805

Velocity portfolio group inc was initially approved for PPP Loan of amount $468,805, the current approved amount is $468,805. The loan was approved on 04/14/2020 by The TD Bank, National Association reported 31 jobs and $468,805 was used to fund payroll.

Velocity portfolio group inc is Existing or more than 2 years old

PPP Loan Search / NJ / Belmar / Velocity portfolio group inc

VELOCITY PORTFOLIO GROUP INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VELOCITY PORTFOLIO GROUP INC

Borrower Address

1800 RTE 34 NORTH BLDG 4 STE 404B

Borrower City

Belmar

Borrower State

NJ

Borrower Zip

07719

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468805.00

Current Approval Amount

468805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmar

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07719-0001

CD

NJ-04

Jobs Reported

31

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

468805.00

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

Partnership

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

471800.14

Forgiveness Date

12/08/2020

;