PPP Loan information for Velocity sales management, inc

$291,700

Velocity sales management, inc was initially approved for PPP Loan of amount $291,700, the current approved amount is $291,700. The loan was approved on 04/13/2020 by The Citibank, N.A. reported 20 jobs and $291,700 was used to fund payroll.

Velocity sales management, inc is Existing or more than 2 years old

VELOCITY SALES MANAGEMENT, INC

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

VELOCITY SALES MANAGEMENT, INC

Borrower Address

838 Broken Sound Park way NW 101

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33487

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291700.00

Current Approval Amount

291700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33487-1000

CD

FL-22

Jobs Reported

20

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291700.00

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

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293628.46

Forgiveness Date

12/16/2020

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