PPP Loan information for Velocity networks inc.

$85,227

Velocity networks inc. was initially approved for PPP Loan of amount $85,227, the current approved amount is $85,227. The loan was approved on 02/17/2021 by The Webster Five Cents Savings Bank reported 7 jobs and $85,227 was used to fund payroll.

Velocity networks inc. is Existing or more than 2 years old

PPP Loan Search / MA / Auburn / Velocity networks inc.

VELOCITY NETWORKS INC.

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

VELOCITY NETWORKS INC.

Borrower Address

3 Jacobson Dr Ste 3

Borrower City

Auburn

Borrower State

MA

Borrower Zip

01501-3047

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85226.55

Current Approval Amount

85226.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-3047

CD

MA-02

Jobs Reported

7

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85226.55

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85550.88

Forgiveness Date

07/07/2021

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