PPP Loan information for Velox trucking l.l.c.

$505,400

Velox trucking l.l.c. was initially approved for PPP Loan of amount $505,400, the current approved amount is $505,400. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 90 jobs and $505,400 was used to fund payroll.

Velox trucking l.l.c. is Unanswered

PPP Loan Search / MI / GRAND RAPIDS / Velox trucking l.l.c.

VELOX TRUCKING L.L.C.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VELOX TRUCKING L.L.C.

Borrower Address

4245 ROGER B CHAFFEE MEM DR SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

505400.00

Current Approval Amount

505400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-0800

CD

MI-03

Jobs Reported

90

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262636.80

Forgiveness Date

08/12/2021

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