PPP Loan information for Velocity intelligence group

$33,400

Velocity intelligence group was initially approved for PPP Loan of amount $54,000, the current approved amount is $33,400. The loan was approved on 04/15/2020 by The MainStreet Bank reported 2 jobs and $33,400 was used to fund payroll.

Velocity intelligence group is Existing or more than 2 years old

PPP Loan Search / MD / POTOMAC / Velocity intelligence group

VELOCITY INTELLIGENCE GROUP

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VELOCITY INTELLIGENCE GROUP

Borrower Address

10500 BRIDLE LN

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-3888

Loan Status Date

10/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54000.00

Current Approval Amount

33400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-3888

CD

MD-08

Jobs Reported

2

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33400.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33874.92

Forgiveness Date

09/23/2021

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