# PPP loan: VELOCITY AUTOMOTIVE SOLUTIONS, LLC
> **$649K** approved 04/27/2020 · Paid in Full · Loan `4735267208`
## Borrower
- **Name:** VELOCITY AUTOMOTIVE SOLUTIONS, LLC
- **Address:** 4481 LEGENDARY DR, DESTIN, FL, 32541
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $649K
- **Initial approval:** $649K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $649K
- **Jobs reported:** 37
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*