PPP Loan information for Velocity sports equipment, inc.

$61,158

Velocity sports equipment, inc. was initially approved for PPP Loan of amount $61,158, the current approved amount is $61,158. The loan was approved on 04/10/2020 by The First Interstate Bank reported 9 jobs and $61,158 was used to fund payroll.

Velocity sports equipment, inc. is Existing or more than 2 years old

PPP Loan Search / OR / SISTERS / Velocity sports equipment, inc.

VELOCITY SPORTS EQUIPMENT, INC.

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

VELOCITY SPORTS EQUIPMENT, INC.

Borrower Address

192 WEST BARCLAY DRIVE

Borrower City

SISTERS

Borrower State

OR

Borrower Zip

97759-2544

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61157.50

Current Approval Amount

61157.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SISTERS

Project County Name

DESCHUTES

Project State

OR

Project Zip

97759-2544

CD

OR-04

Jobs Reported

9

NAICS Code

339920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61157.50

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61603.20

Forgiveness Date

01/07/2021

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