# PPP loan: VELOCITY SYSTEMS LLC
> **$769K** approved 03/18/2021 · Paid in Full · Loan `4685178605`
## Borrower
- **Name:** VELOCITY SYSTEMS LLC
- **Address:** 45064 Underwood Ln Ste B, Dulles, VA, 20166-2304
- **NAICS:** 315990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $769K
- **Initial approval:** $769K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $769K
- **Utilities:** $1
- **Jobs reported:** 67
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*