PPP Loan information for Velocity ventures group, llc

$383,832

Velocity ventures group, llc was initially approved for PPP Loan of amount $383,832, the current approved amount is $383,832. The loan was approved on 04/11/2020 by The Cross River Bank reported 34 jobs and $383,832 was used to fund payroll.

Velocity ventures group, llc is Existing or more than 2 years old

PPP Loan Search / NV / Sparks / Velocity ventures group, llc

VELOCITY VENTURES GROUP, LLC

Date Approved

04/11/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

VELOCITY VENTURES GROUP, LLC

Borrower Address

4864 Sparks Blvd

Borrower City

Sparks

Borrower State

NV

Borrower Zip

89436-8120

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383832.00

Current Approval Amount

383832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sparks

Project County Name

WASHOE

Project State

NV

Project Zip

89436-8120

CD

NV-02

Jobs Reported

34

NAICS Code

511210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383832.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

358699.26

Forgiveness Date

11/27/2020

;