PPP Loan information for Velocity trans limited liability company

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

VELOCITY TRANS LIMITED LIABILITY COMPANY

Borrower Address

329 MEADOWBROOK DR

Borrower City

HUNTINGDON VALLEY

Borrower State

PA

Borrower Zip

19006-6810

Loan Status Date

10/08/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

69600.00

Current Approval Amount

69600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61007

Servicing Lender Name

First Citizens Community Bank

Servicing Lender Address

15 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

PA

Servicing Lender Zip

16933-1507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGDON VALLEY

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19006-6810

CD

PA-04

Jobs Reported

5

NAICS Code

488999

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69600.00

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

87216

Originating Lender

Huntingdon Valley Bank

Originating Lender City

HUNTINGDON VALLEY

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date