Veloci Performance Products, Inc.
$206,900 PPP Loan in Savage, Minnesota
Loan Details
- Loan Number
- 5234497007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $206,900
- Current Approval
- $206,900
- Forgiveness Amount
- $208,498
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Veloci Performance Products, Inc.
- Address
- 12800 South Highway 13 Ste 500
- City
- Savage
- State
- Minnesota
- ZIP Code
- 55378
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $155,175
- Rent
- $12,931
- Utilities
- $12,931
- Health Care
- $12,931
- Mortgage Interest
- $12,931
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Savage, MN
| Business | Approved | |
|---|---|---|
| Road Machinery & Supplies Co. | $6,280,600 |  AI Deep Dive |
| Master Electric Co INC | $2,275,600 | AI Deep Dive |
| Legend Mechanical, Inc. | $1,717,000 | AI Deep Dive |
| Associated Partnership Ltd INC | $1,304,000 | AI Deep Dive |
| Associated Partnership Ltd | $1,304,000 | AI Deep Dive |
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