PPP Loan information for Velocity sports llc

$8,500

Velocity sports llc was initially approved for PPP Loan of amount $8,500, the current approved amount is $8,500. The loan was approved on 03/01/2021 by The First Commonwealth Bank reported 2 jobs and $8,500 was used to fund payroll.

Velocity sports llc is Existing or more than 2 years old

VELOCITY SPORTS LLC

Date Approved

03/01/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VELOCITY SPORTS LLC

Borrower Address

7530 Tim Ave NW Unit-A

Borrower City

North Canton

Borrower State

OH

Borrower Zip

44720-6960

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8500.35

Current Approval Amount

8500.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Canton

Project County Name

STARK

Project State

OH

Project Zip

44720-6960

CD

OH-13

Jobs Reported

2

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

8498.35

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8528.06

Forgiveness Date

06/30/2021

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