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Velocity Motors, Inc.

$21,100 PPP Loan in Bluffton, Indiana

Loan Details

Loan Number
8996897009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$21,100
Current Approval
$21,100
Forgiveness Amount
$21,248
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Velocity Motors, Inc.
Address
1750 N Hwy 1
City
Bluffton
State
Indiana
ZIP Code
46714
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$21,100

Lender Information

Servicing Lender
The Farmers & Merchants State Bank
Originating Lender
The Farmers & Merchants State Bank

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