PPP Loan information for Velocity agency, llc

$141,000

Velocity agency, llc was initially approved for PPP Loan of amount $141,000, the current approved amount is $141,000. The loan was approved on 04/28/2020 by The Metairie Bank & Trust Company reported 15 jobs and $141,000 was used to fund payroll.

Velocity agency, llc is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Velocity agency, llc

VELOCITY AGENCY, LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VELOCITY AGENCY, LLC

Borrower Address

706 PAPWORTH AVE

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70005-3014

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141000.00

Current Approval Amount

141000.00

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

15

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141000.00

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

142312.08

Forgiveness Date

04/01/2021

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