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 01/23/2021 by The Readycap Lending, LLC reported 6 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

01/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

VELOCITY MARKETING INC

Borrower Address

1001 SW Emkay Dr

Borrower City

Bend

Borrower State

OR

Borrower Zip

97702-3663

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107200.00

Current Approval Amount

107200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

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

97702-3663

CD

OR-02

Jobs Reported

6

NAICS Code

541618

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

108504.02

Forgiveness Date

04/13/2022

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