Velocity Electric Corporation

$144,200 PPP Loan in Bellingham, Washington

Loan Details

Loan Number
8095727105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$144,200
Current Approval
$144,200
Forgiveness Amount
$146,160
Forgiveness Date
Sep 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Velocity Electric Corporation
Address
4545 Hannegan Rd
ZIP Code
98226-7716
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WA-02

Loan Use Breakdown

Payroll
$144,200

Lender Information

Servicing Lender
Umpqua Bank
Originating Lender
Umpqua Bank

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