PPP Loan information for Velox trucking llc

$297,460

Velox trucking llc was initially approved for PPP Loan of amount $297,460, the current approved amount is $297,460. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 33 jobs and $297,460 was used to fund payroll.

Velox trucking llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Velox trucking llc

VELOX TRUCKING LLC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VELOX TRUCKING LLC

Borrower Address

4245 Roger B Chaffee Mem Dr SE 4245 Roger B Chaffee Mem Dr Se

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49548-3445

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297460.00

Current Approval Amount

297460.00

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

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49548-3445

CD

MI-03

Jobs Reported

33

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297460.00

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

299666.16

Forgiveness Date

12/09/2021

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