PPP Loan information for Velocity medical llc

$166,975

Velocity medical llc was initially approved for PPP Loan of amount $166,975, the current approved amount is $166,975. The loan was approved on 03/12/2021 by The Truist Bank reported 22 jobs and $166,975 was used to fund payroll.

Velocity medical llc is Existing or more than 2 years old

PPP Loan Search / TN / Jacksboro / Velocity medical llc

VELOCITY MEDICAL LLC

Date Approved

03/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

VELOCITY MEDICAL LLC

Borrower Address

2702 Jacksboro Pike

Borrower City

Jacksboro

Borrower State

TN

Borrower Zip

37757-4850

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166975.00

Current Approval Amount

166975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jacksboro

Project County Name

CAMPBELL

Project State

TN

Project Zip

37757-4850

CD

TN-03

Jobs Reported

22

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166975.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168422.12

Forgiveness Date

01/25/2022

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