PPP Loan information for Velocity church

$40,800

Velocity church was initially approved for PPP Loan of amount $40,800, the current approved amount is $40,800. The loan was approved on 04/07/2020 by The Bank of Travelers Rest reported 12 jobs and $40,800 was used to fund payroll.

Velocity church is Existing or more than 2 years old

VELOCITY CHURCH

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELOCITY CHURCH

Borrower Address

1720 REID SCHOOL RD

Borrower City

TAYLORS

Borrower State

SC

Borrower Zip

29687-6333

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40800.00

Current Approval Amount

40800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66363

Servicing Lender Name

Bank of Travelers Rest

Servicing Lender Address

42 Plaza Dr

Servicing Lender City

TRAVELERS REST

Servicing Lender State

SC

Servicing Lender Zip

29690-1688

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAYLORS

Project County Name

GREENVILLE

Project State

SC

Project Zip

29687-6333

CD

SC-04

Jobs Reported

12

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40800.00

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

Non-Profit Organization

Originating Lender Location Id

66363

Originating Lender

Bank of Travelers Rest

Originating Lender City

TRAVELERS REST

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

41063.80

Forgiveness Date

12/08/2020

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