PPP Loan information for Velocity llc

$485,920

Velocity llc was initially approved for PPP Loan of amount $485,920, the current approved amount is $485,920. The loan was approved on 02/05/2021 by The Umpqua Bank reported 21 jobs and $485,920 was used to fund payroll.

Velocity llc is Existing or more than 2 years old

PPP Loan Search / OR / Tigard / Velocity llc

VELOCITY LLC

Date Approved

02/05/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

VELOCITY LLC

Borrower Address

9020 SW Washington Square Rd Ste 220

Borrower City

Tigard

Borrower State

OR

Borrower Zip

97223-4433

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

485920.00

Current Approval Amount

485920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tigard

Project County Name

WASHINGTON

Project State

OR

Project Zip

97223-4433

CD

OR-01

Jobs Reported

21

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

485914.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491910.79

Forgiveness Date

05/19/2022

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