PPP Loan information for Velocity resource group l.l.c.

$483,255

Velocity resource group l.l.c. was initially approved for PPP Loan of amount $483,255, the current approved amount is $483,255. The loan was approved on 01/17/2021 by The Hometown National Bank reported 33 jobs and $483,255 was used to fund payroll.

Velocity resource group l.l.c. is Existing or more than 2 years old

VELOCITY RESOURCE GROUP L.L.C.

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VELOCITY RESOURCE GROUP L.L.C.

Borrower Address

75 Executive Dr Ste 339

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60504-8124

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

483254.62

Current Approval Amount

483254.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21632

Servicing Lender Name

Hometown National Bank

Servicing Lender Address

260 Bucklin St

Servicing Lender City

LASALLE

Servicing Lender State

IL

Servicing Lender Zip

61301-2344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-8124

CD

IL-11

Jobs Reported

33

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

483252.62

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 Partnership

Originating Lender Location Id

21632

Originating Lender

Hometown National Bank

Originating Lender City

LASALLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

486763.18

Forgiveness Date

10/14/2021

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