PPP Loan information for Velocity coffee ltd

$42,904

Velocity coffee ltd was initially approved for PPP Loan of amount $42,904, the current approved amount is $42,904. The loan was approved on 02/18/2021 by The Square Capital, LLC reported 9 jobs and $42,904 was used to fund payroll.

Velocity coffee ltd is Existing or more than 2 years old

PPP Loan Search / WA / Port Townsend / Velocity coffee ltd

VELOCITY COFFEE LTD

Date Approved

02/18/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

VELOCITY COFFEE LTD

Borrower Address

1109 29th St

Borrower City

Port Townsend

Borrower State

WA

Borrower Zip

98368-6156

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42904.45

Current Approval Amount

42904.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Port Townsend

Project County Name

JEFFERSON

Project State

WA

Project Zip

98368-6156

CD

WA-06

Jobs Reported

9

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42902.45

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

529050

Originating Lender

Square Capital, LLC

Originating Lender City

San Francisco

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43261.79

Forgiveness Date

12/21/2021

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