PPP Loan information for Velocity applications llc

$20,832

Velocity applications llc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/28/2020 by The Bremer Bank, National Association reported 1 jobs and $20,832 was used to fund payroll.

Velocity applications llc is Existing or more than 2 years old

PPP Loan Search / MN / FARMINGTON / Velocity applications llc

VELOCITY APPLICATIONS LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VELOCITY APPLICATIONS LLC

Borrower Address

17511 GAGE CT

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-0001

CD

MN-02

Jobs Reported

1

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21111.66

Forgiveness Date

09/02/2021

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