Velocity Composites, INC

$54,025 PPP Loan in Hawk Point, Missouri

Loan Details

Loan Number
3897157110
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$54,025
Current Approval
$54,025
Forgiveness Amount
$51,410
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Velocity Composites, INC
Address
277 S Hwy 47 Po Box 125
ZIP Code
63349-0125
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MO-06

Loan Use Breakdown

Payroll
$52,469
Rent
$431
Health Care
$1,125

Lender Information

Servicing Lender
First State Community Bank
Originating Lender
First State Community Bank

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