Velocity Automotive Solutions, LLC
$648,848 PPP Loan in Destin, Florida
Loan Details
- Loan Number
- 4735267208
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $648,848
- Current Approval
- $648,848
- Forgiveness Amount
- $656,309
- Forgiveness Date
- Jun 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velocity Automotive Solutions, LLC
- Address
- 4481 Legendary Dr
- City
- Destin
- State
- Florida
- ZIP Code
- 32541
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Information (511210)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 37
- Estimated Revenue
- $6.2M
- Rural/Urban
- Urban
- Congressional District
- FL-01
Loan Use Breakdown
- Payroll
- $648,848
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Destin, FL
| Business | Approved | |
|---|---|---|
| David Costa Enterprises, Inc. | $3,939,048 | |
| Consolidated Burger A, LLC | $2,826,300 | |
| Southern Restaurant Group LLC | $2,195,000 | |
| Harborwalk Holding LLC | $2,069,882 | |
| Sandestin Investments LLC | $2,000,000 |
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