PPP Loan information for Loan velocity, inc.

$81,600

Loan velocity, inc. was initially approved for PPP Loan of amount $81,600, the current approved amount is $81,600. The loan was approved on 04/14/2020 by The Truist Bank reported 12 jobs and $81,600 was used to fund payroll.

Loan velocity, inc. is Existing or more than 2 years old

LOAN VELOCITY, INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LOAN VELOCITY, INC.

Borrower Address

4220 CORAL PARK DR

Borrower City

BRUNSWICK

Borrower State

GA

Borrower Zip

31520-3016

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81600.00

Current Approval Amount

81600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

GLYNN

Project State

GA

Project Zip

31520-3016

CD

GA-01

Jobs Reported

12

NAICS Code

921130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81600.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82973.60

Forgiveness Date

01/04/2022

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