PPP Loan information for Velocity u.s. properties inc.

$357,600

Velocity u.s. properties inc. was initially approved for PPP Loan of amount $318,800, the current approved amount is $357,600. The loan was approved on 04/07/2020 by The Summit Bank reported 24 jobs and $357,600 was used to fund payroll.

Velocity u.s. properties inc. is Existing or more than 2 years old

PPP Loan Search / OR / BEND / Velocity u.s. properties inc.

VELOCITY U.S. PROPERTIES INC.

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

VELOCITY U.S. PROPERTIES INC.

Borrower Address

61240 SKYLINE RANCH RD

Borrower City

BEND

Borrower State

OR

Borrower Zip

97702-3539

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318800.00

Current Approval Amount

357600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEND

Project County Name

DESCHUTES

Project State

OR

Project Zip

97702-3539

CD

OR-02

Jobs Reported

24

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357600.00

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

Corporation

Originating Lender Location Id

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359559.45

Forgiveness Date

11/03/2020

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