PPP Loan information for Velocity direct llc

$18,400

Velocity direct llc was initially approved for PPP Loan of amount $18,400, the current approved amount is $18,400. The loan was approved on 08/03/2020 by The Citizens Bank, National Association reported 2 jobs and $18,400 was used to fund payroll.

Velocity direct llc is Existing or more than 2 years old

PPP Loan Search / OH / WESTLAKE / Velocity direct llc

VELOCITY DIRECT LLC

Date Approved

08/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VELOCITY DIRECT LLC

Borrower Address

815 CROCKER RD

Borrower City

WESTLAKE

Borrower State

OH

Borrower Zip

44145-1071

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18400.00

Current Approval Amount

18400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAKE

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44145-1071

CD

OH-07

Jobs Reported

2

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18400.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18540.65

Forgiveness Date

05/11/2021

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