PPP Loan information for Velocity homes, inc

$104,300

Velocity homes, inc was initially approved for PPP Loan of amount $104,300, the current approved amount is $104,300. The loan was approved on 04/07/2020 by The State Bank of Southern Utah reported 7 jobs and $104,300 was used to fund payroll.

Velocity homes, inc is Existing or more than 2 years old

PPP Loan Search / UT / CEDAR CITY / Velocity homes, inc

VELOCITY HOMES, INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

VELOCITY HOMES, INC

Borrower Address

695 W 200 N

Borrower City

CEDAR CITY

Borrower State

UT

Borrower Zip

84720-2408

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104300.00

Current Approval Amount

104300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR CITY

Project County Name

IRON

Project State

UT

Project Zip

84720-2408

CD

UT-02

Jobs Reported

7

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104300.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105054.39

Forgiveness Date

01/07/2021

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