PPP Loan information for Velocity five llc

$370,376

Velocity five llc was initially approved for PPP Loan of amount $370,376, the current approved amount is $370,376. The loan was approved on 01/29/2021 by The John Marshall Bank reported 38 jobs and $370,376 was used to fund payroll.

Velocity five llc is Existing or more than 2 years old

PPP Loan Search / VA / Arlington / Velocity five llc

VELOCITY FIVE LLC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

VELOCITY FIVE LLC

Borrower Address

2300 Clarendon Blvd

Borrower City

Arlington

Borrower State

VA

Borrower Zip

22201-3398

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

370376.32

Current Approval Amount

370376.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440839

Servicing Lender Name

John Marshall Bank

Servicing Lender Address

1943 Isaac Newton Sq, Ste 100

Servicing Lender City

RESTON

Servicing Lender State

VA

Servicing Lender Zip

20190-5013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

ARLINGTON

Project State

VA

Project Zip

22201-3398

CD

VA-08

Jobs Reported

38

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

370374.32

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

440839

Originating Lender

John Marshall Bank

Originating Lender City

RESTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374425.09

Forgiveness Date

03/15/2022

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