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Velocity Auto Sales LLC

$846,170 PPP Loan in Draper, Utah

Loan Details

Loan Number
3252428401
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$846,170
Current Approval
$846,170
Forgiveness Amount
$849,995
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velocity Auto Sales LLC
Address
620 W 12300 S
City
Draper
State
Utah
ZIP Code
84020-9508
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
UT-04

Loan Use Breakdown

Payroll
$846,170

Lender Information

Servicing Lender
Central Bank
Originating Lender
Central Bank

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