PPP Loan information for Velocity air conditioning

$300,000

Velocity air conditioning was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/30/2020 by The Regions Bank reported 27 jobs and $300,000 was used to fund payroll.

Velocity air conditioning is Existing or more than 2 years old

PPP Loan Search / FL / clearwater / Velocity air conditioning

VELOCITY AIR CONDITIONING

Date Approved

04/30/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

VELOCITY AIR CONDITIONING

Borrower Address

13130 56th court north

Borrower City

clearwater

Borrower State

FL

Borrower Zip

33760

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

clearwater

Project County Name

PINELLAS

Project State

FL

Project Zip

33760-0001

CD

FL-13

Jobs Reported

27

NAICS Code

238220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301964.38

Forgiveness Date

12/30/2020

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