PPP Loan information for Velocity motors llc

$20,832

Velocity motors llc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 05/26/2021 by The Prestamos CDFI, LLC reported 1 jobs and $20,832 was used to fund payroll.

Velocity motors llc is Existing or more than 2 years old

PPP Loan Search / WI / Wisconsin Dells / Velocity motors llc

VELOCITY MOTORS LLC

Date Approved

05/26/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VELOCITY MOTORS LLC

Borrower Address

3946 9th Dr

Borrower City

Wisconsin Dells

Borrower State

WI

Borrower Zip

53965-8569

Loan Status Date

03/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188361

Servicing Lender Name

Prestamos CDFI, LLC

Servicing Lender Address

1024 East Buckeye Road Suite 270

Servicing Lender City

Phoenix

Servicing Lender State

AZ

Servicing Lender Zip

85034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wisconsin Dells

Project County Name

ADAMS

Project State

WI

Project Zip

53965-8569

CD

WI-03

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20828.00

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

188361

Originating Lender

Prestamos CDFI, LLC

Originating Lender City

Phoenix

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20904.33

Forgiveness Date

10/08/2021

;