PPP Loan information for Velocity restorations llc

$344,142

Velocity restorations llc was initially approved for PPP Loan of amount $369,000, the current approved amount is $344,142. The loan was approved on 04/08/2020 by The The First Bank reported 37 jobs and $344,142 was used to fund payroll.

Velocity restorations llc is Existing or more than 2 years old

PPP Loan Search / FL / PENSACOLA / Velocity restorations llc

VELOCITY RESTORATIONS LLC

Date Approved

04/08/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

VELOCITY RESTORATIONS LLC

Borrower Address

100 MYRICK ST

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32505-8018

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369000.00

Current Approval Amount

344142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32505-8018

CD

FL-01

Jobs Reported

37

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9032.00

Payroll Proceed

321154.00

Mortgage Interest Proceed

5656.00

Rent Proceed

8300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335989.06

Forgiveness Date

11/03/2020

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