PPP Loan information for Velocity motor sports, llc

$413,500

Velocity motor sports, llc was initially approved for PPP Loan of amount $413,500, the current approved amount is $413,500. The loan was approved on 07/14/2020 by The BankVista reported 21 jobs and $413,500 was used to fund payroll.

Velocity motor sports, llc is Existing or more than 2 years old

PPP Loan Search / SC / HOLLY HILL / Velocity motor sports, llc

VELOCITY MOTOR SPORTS, LLC

Date Approved

07/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

VELOCITY MOTOR SPORTS, LLC

Borrower Address

136 MONARCH RD UNIT C

Borrower City

HOLLY HILL

Borrower State

SC

Borrower Zip

29059-8719

Loan Status Date

11/17/2021

Loan Status

Charged Off

Term

44

SBA Guaranty Percentage

100

Initial Approval Amount

413500.00

Current Approval Amount

413500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124444

Servicing Lender Name

BankVista

Servicing Lender Address

125 Twin Rivers Ct

Servicing Lender City

SARTELL

Servicing Lender State

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLY HILL

Project County Name

ORANGEBURG

Project State

SC

Project Zip

29059-8719

CD

SC-06

Jobs Reported

21

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

413500.00

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

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;