PPP Loan information for Velocity staff, inc.

$385,372

Velocity staff, inc. was initially approved for PPP Loan of amount $385,372, the current approved amount is $385,372. The loan was approved on 04/30/2020 by The WebBank reported 8 jobs and $385,372 was used to fund payroll.

Velocity staff, inc. is Existing or more than 2 years old

VELOCITY STAFF, INC.

Date Approved

04/30/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

VELOCITY STAFF, INC.

Borrower Address

1067 S Hover St Ste PMB 158

Borrower City

Longmont

Borrower State

CO

Borrower Zip

80501

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385372.00

Current Approval Amount

385372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longmont

Project County Name

BOULDER

Project State

CO

Project Zip

80501-0800

CD

CO-02

Jobs Reported

8

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385372.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374052.80

Forgiveness Date

10/31/2022

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