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Velocity Manufacturing

$19,800 PPP Loan in Albion, Michigan

Loan Details

Loan Number
7524217208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$19,800
Current Approval
$19,800
Forgiveness Amount
$20,052
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Velocity Manufacturing
Address
921 Elliott Road
City
Albion
State
Michigan
ZIP Code
49224
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$19,800

Lender Information

Servicing Lender
Homestead Savings Bank
Originating Lender
Homestead Savings Bank

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