PPP Loan information for Velocity electric, llc

$150,000

Velocity electric, llc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/29/2021 by The Itria Ventures LLC reported 11 jobs and $150,000 was used to fund payroll.

Velocity electric, llc is Existing or more than 2 years old

PPP Loan Search / OK / MUSTANG / Velocity electric, llc

VELOCITY ELECTRIC, LLC

Date Approved

01/29/2021

SBA Office Code

0680

Processing Method

PPP

Borrower Name

VELOCITY ELECTRIC, LLC

Borrower Address

12000

Borrower City

MUSTANG

Borrower State

OK

Borrower Zip

73064

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSTANG

Project County Name

CANADIAN

Project State

OK

Project Zip

73064

CD

OK-03

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149997.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150591.67

Forgiveness Date

08/27/2021

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