PPP Loan information for Velocity marketing inc

$107,200

Velocity marketing inc was initially approved for PPP Loan of amount $107,200, the current approved amount is $107,200. The loan was approved on 04/13/2020 by The Customers Bank reported 3 jobs and $107,200 was used to fund payroll.

Velocity marketing inc is Existing or more than 2 years old

PPP Loan Search / OR / Bend / Velocity marketing inc

VELOCITY MARKETING INC

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

VELOCITY MARKETING INC

Borrower Address

1001 Southwest Emkay Drive

Borrower City

Bend

Borrower State

OR

Borrower Zip

97702

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107200.00

Current Approval Amount

107200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bend

Project County Name

DESCHUTES

Project State

OR

Project Zip

97702-0001

CD

OR-02

Jobs Reported

3

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107200.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103913.42

Forgiveness Date

05/17/2021

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