# PPP loan: VELOCITY VENTURES GROUP, LLC
> **$384K** approved 04/11/2020 · Paid in Full · Loan `3542997105`
## Borrower
- **Name:** VELOCITY VENTURES GROUP, LLC
- **Address:** 4864 Sparks Blvd, Sparks, NV, 89436-8120
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $359K (93%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Jobs reported:** 34
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*