Velocity Auto Sales LLC

$846,100 PPP Loan in Draper, Utah

Loan Details

Loan Number
6175597006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$846,100
Current Approval
$846,100
Forgiveness Amount
$852,869
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First 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
$846,100

Lender Information

Servicing Lender
Central Bank
Originating Lender
Central Bank

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