PPP Loan information for Velocity procurement llc

$164,802

Velocity procurement llc was initially approved for PPP Loan of amount $164,802, the current approved amount is $164,802. The loan was approved on 02/24/2021 by The PNC Bank, National Association reported 10 jobs and $164,802 was used to fund payroll.

Velocity procurement llc is Existing or more than 2 years old

PPP Loan Search / PA / Conshohocken / Velocity procurement llc

VELOCITY PROCUREMENT LLC

Date Approved

02/24/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

VELOCITY PROCUREMENT LLC

Borrower Address

1100 E Hector St Ste 398 1100 E Hector St Ste 398

Borrower City

Conshohocken

Borrower State

PA

Borrower Zip

19428-2303

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164802.00

Current Approval Amount

164802.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conshohocken

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19428-2303

CD

PA-04

Jobs Reported

10

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

164799.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166115.84

Forgiveness Date

12/10/2021

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