Date Approved
06/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
VELOCITY STREETWEAR, INC.
Borrower Address
6551 JANSEN AVE NE STE 300
Borrower City
ALBERTVILLE
Borrower State
MN
Borrower Zip
55301-4367
Loan Status Date
08/12/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
26074.41
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99902
Servicing Lender Name
SPIRE CU
Servicing Lender Address
2025 Larpenteur Ave W
Servicing Lender City
FALCON HEIGHTS
Servicing Lender State
Servicing Lender Zip
55113-5512
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
4
NAICS Code
315280
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
26264.90
Forgiveness Date
03/29/2021