PPP Loan information for Velocity beverage llc

$63,505

Velocity beverage llc was initially approved for PPP Loan of amount $63,505, the current approved amount is $63,505. The loan was approved on 04/27/2021 by The Loan Source Incorporated reported 11 jobs and $63,505 was used to fund payroll.

Velocity beverage llc is Existing or more than 2 years old

PPP Loan Search / LA / Metairie / Velocity beverage llc

VELOCITY BEVERAGE LLC

Date Approved

04/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

VELOCITY BEVERAGE LLC

Borrower Address

650A Papworth Ave

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70005-3113

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63505.00

Current Approval Amount

63505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

70005-3113

CD

LA-01

Jobs Reported

11

NAICS Code

424820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63503.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64267.06

Forgiveness Date

07/18/2022

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