PPP Loan information for Velocity usa llc

$107,500

Velocity usa llc was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 06/29/2020 by The WebBank reported 20 jobs and $107,500 was used to fund payroll.

Velocity usa llc is Existing or more than 2 years old

PPP Loan Search / NJ / Jamesburg / Velocity usa llc

VELOCITY USA LLC

Date Approved

06/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VELOCITY USA LLC

Borrower Address

113 Interstate Blvd

Borrower City

Jamesburg

Borrower State

NJ

Borrower Zip

08831

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jamesburg

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08831-0001

CD

NJ-12

Jobs Reported

20

NAICS Code

488999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107500.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108960.21

Forgiveness Date

11/02/2021

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