PPP Loan information for Velocity powersports, llc.

$731,915

Velocity powersports, llc. was initially approved for PPP Loan of amount $731,915, the current approved amount is $731,915. The loan was approved on 04/14/2020 by The Synovus Bank reported 78 jobs and $731,915 was used to fund payroll.

Velocity powersports, llc. is Existing or more than 2 years old

PPP Loan Search / SC / DANIEL ISLAND / Velocity powersports, llc.

VELOCITY POWERSPORTS, LLC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELOCITY POWERSPORTS, LLC.

Borrower Address

1022 BARFIELD ST

Borrower City

DANIEL ISLAND

Borrower State

SC

Borrower Zip

29492-7583

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

731915.00

Current Approval Amount

731915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANIEL ISLAND

Project County Name

BERKELEY

Project State

SC

Project Zip

29492-7583

CD

SC-01

Jobs Reported

78

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

731915.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

738351.84

Forgiveness Date

03/03/2021

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