PPP Loan information for Velocity sales llc

$58,750

Velocity sales llc was initially approved for PPP Loan of amount $58,750, the current approved amount is $58,750. The loan was approved on 02/06/2021 by The Cornerstone Bank reported 7 jobs and $58,750 was used to fund payroll.

Velocity sales llc is Existing or more than 2 years old

VELOCITY SALES LLC

Date Approved

02/06/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

VELOCITY SALES LLC

Borrower Address

2801 N Lincoln Ave

Borrower City

York

Borrower State

NE

Borrower Zip

68467-9611

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58750.00

Current Approval Amount

58750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42727

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

529 Lincoln Ave

Servicing Lender City

YORK

Servicing Lender State

NE

Servicing Lender Zip

68467-2944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

York

Project County Name

YORK

Project State

NE

Project Zip

68467-9611

CD

NE-03

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58748.00

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

42727

Originating Lender

Cornerstone Bank

Originating Lender City

YORK

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59029.06

Forgiveness Date

07/30/2021

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