PPP Loan information for Velocity machine works llc

$74,590

Velocity machine works llc was initially approved for PPP Loan of amount $74,590, the current approved amount is $74,590. The loan was approved on 04/13/2020 by The Capital City Bank reported 7 jobs and $74,590 was used to fund payroll.

Velocity machine works llc is Existing or more than 2 years old

VELOCITY MACHINE WORKS LLC

Date Approved

04/13/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

VELOCITY MACHINE WORKS LLC

Borrower Address

364 Marpan Ln

Borrower City

Tallahassee

Borrower State

FL

Borrower Zip

32305-0904

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74590.00

Current Approval Amount

74590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17652

Servicing Lender Name

Capital City Bank

Servicing Lender Address

217 N Monroe St

Servicing Lender City

TALLAHASSEE

Servicing Lender State

FL

Servicing Lender Zip

32301-7619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tallahassee

Project County Name

LEON

Project State

FL

Project Zip

32305-0904

CD

FL-02

Jobs Reported

7

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74590.00

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

17652

Originating Lender

Capital City Bank

Originating Lender City

TALLAHASSEE

Originating Lender State

FL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75433.99

Forgiveness Date

06/15/2021

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