PPP Loan information for Velocity telecom services, llc

$465,932

Velocity telecom services, llc was initially approved for PPP Loan of amount $465,932, the current approved amount is $465,932. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $465,932 was used to fund payroll.

Velocity telecom services, llc is Existing or more than 2 years old

PPP Loan Search / VA / Sterling / Velocity telecom services, llc

VELOCITY TELECOM SERVICES, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VELOCITY TELECOM SERVICES, LLC

Borrower Address

23020 Eaglewood Court Suite 100

Borrower City

Sterling

Borrower State

VA

Borrower Zip

20166

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

465932.00

Current Approval Amount

465932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-1003

CD

VA-10

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1422.00

Payroll Proceed

425822.00

Mortgage Interest Proceed

0.00

Rent Proceed

28687.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8811.00

Debt Interest Proceed

1190

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

470642.38

Forgiveness Date

04/28/2021

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