PPP Loan information for Velocity sports equipment inc

$82,517

Velocity sports equipment inc was initially approved for PPP Loan of amount $82,517, the current approved amount is $82,517. The loan was approved on 01/29/2021 by The First Interstate Bank reported 10 jobs and $82,517 was used to fund payroll.

Velocity sports equipment inc is Existing or more than 2 years old

PPP Loan Search / OR / Sisters / Velocity sports equipment inc

VELOCITY SPORTS EQUIPMENT INC

Date Approved

01/29/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

VELOCITY SPORTS EQUIPMENT INC

Borrower Address

192W BARCLAY DRIVE #2418

Borrower City

Sisters

Borrower State

OR

Borrower Zip

97759

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82517.00

Current Approval Amount

82517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sisters

Project County Name

LINN

Project State

OR

Project Zip

97759

CD

OR-04

Jobs Reported

10

NAICS Code

314999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82514.00

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

Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82987.23

Forgiveness Date

09/01/2021

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