PPP Loan information for Velocity biogroup corporation

$174,332

Velocity biogroup corporation was initially approved for PPP Loan of amount $174,332, the current approved amount is $174,332. The loan was approved on 02/26/2021 by The Manufacturers and Traders Trust Company reported 7 jobs and $174,332 was used to fund payroll.

Velocity biogroup corporation is Existing or more than 2 years old

PPP Loan Search / CO / Breckenridge / Velocity biogroup corporation

VELOCITY BIOGROUP CORPORATION

Date Approved

02/26/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

VELOCITY BIOGROUP CORPORATION

Borrower Address

400 N Park Ave Suite 10B Mailbox 566

Borrower City

Breckenridge

Borrower State

CO

Borrower Zip

80424

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174332.00

Current Approval Amount

174332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Breckenridge

Project County Name

SUMMIT

Project State

CO

Project Zip

80424

CD

CO-02

Jobs Reported

7

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174330.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175707.55

Forgiveness Date

12/16/2021

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