Velocity Ventures, INC
$3,211,600 PPP Loan in Auburn, Alabama
Loan Details
- Loan Number
- 9600037008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,211,600
- Current Approval
- $3,211,600
- Forgiveness Amount
- $3,249,069
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Velocity Ventures, INC
- Address
- 459 N Dean Rd
- City
- Auburn
- State
- Alabama
- ZIP Code
- 36830-5048
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811191)
- Franchise
- Express Oil Change/tire Engineers
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 317
- Estimated Revenue
- $62.1M
- Rural/Urban
- Urban
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $3,211,600
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
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