PPP Loan information for Velocity services group inc

$1,265,623

Velocity services group inc was initially approved for PPP Loan of amount $1,265,623, the current approved amount is $1,265,623. The loan was approved on 05/08/2020 by The Bank of America, National Association reported 36 jobs and $1,265,623 was used to fund payroll.

Velocity services group inc is Existing or more than 2 years old

PPP Loan Search / TX / CONROE / Velocity services group inc

VELOCITY SERVICES GROUP INC

Date Approved

05/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VELOCITY SERVICES GROUP INC

Borrower Address

2300 HOLLOMAN ST STE 101

Borrower City

CONROE

Borrower State

TX

Borrower Zip

77301-1467

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1265623.00

Current Approval Amount

1265623.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONROE

Project County Name

MONTGOMERY

Project State

TX

Project Zip

77301-1467

CD

TX-08

Jobs Reported

36

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1265623.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;