PPP Loan information for Velocys, inc.

$708,958

Velocys, inc. was initially approved for PPP Loan of amount $708,958, the current approved amount is $708,958. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 28 jobs and $708,958 was used to fund payroll.

Velocys, inc. is Existing or more than 2 years old

VELOCYS, INC.

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VELOCYS, INC.

Borrower Address

7950 Corporate Boulevard 0.0

Borrower City

Plain City

Borrower State

OH

Borrower Zip

43064-9230

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708957.50

Current Approval Amount

708957.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plain City

Project County Name

UNION

Project State

OH

Project Zip

43064-9230

CD

OH-04

Jobs Reported

28

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708957.50

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

717777.33

Forgiveness Date

07/15/2021

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