PPP Loan information for Velocity agency llc

$122,390

Velocity agency llc was initially approved for PPP Loan of amount $122,390, the current approved amount is $122,390. The loan was approved on 01/22/2021 by The Metairie Bank & Trust Company reported 12 jobs and $122,390 was used to fund payroll.

Velocity agency llc is Existing or more than 2 years old

VELOCITY AGENCY LLC

Date Approved

01/22/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

VELOCITY AGENCY LLC

Borrower Address

710 Papworth Ave

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70005-3014

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122390.00

Current Approval Amount

122390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28435

Servicing Lender Name

Metairie Bank & Trust Company

Servicing Lender Address

3344 Metairie Rd

Servicing Lender City

METAIRIE

Servicing Lender State

LA

Servicing Lender Zip

70001-5212

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70005-3014

CD

LA-01

Jobs Reported

12

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122386.00

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

Subchapter S Corporation

Originating Lender Location Id

28435

Originating Lender

Metairie Bank & Trust Company

Originating Lender City

METAIRIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122893.16

Forgiveness Date

06/23/2021

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