PPP Loan information for Velocity inc

$11,245

Velocity inc was initially approved for PPP Loan of amount $11,245, the current approved amount is $11,245. The loan was approved on 06/05/2020 by The U.S. Bank, National Association reported 1 jobs and $11,245 was used to fund payroll.

Velocity inc is Existing or more than 2 years old

VELOCITY INC

Date Approved

06/05/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

VELOCITY INC

Borrower Address

305 WUTHERING DR

Borrower City

COLORADO SPGS

Borrower State

CO

Borrower Zip

80921

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11245.00

Current Approval Amount

11245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPGS

Project County Name

EL PASO

Project State

CO

Project Zip

80921-1000

CD

CO-05

Jobs Reported

1

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11245.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10301.06

Forgiveness Date

12/23/2020

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