# PPP loan: VELOCITY AUTO SALES LLC
> **$846K** approved 04/06/2020 · Paid in Full · Loan `6175597006`
## Borrower
- **Name:** VELOCITY AUTO SALES LLC
- **Address:** 620 W. 12300 S., DRAPER, UT, 84020-9508
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $846K
- **Initial approval:** $846K
- **Forgiven:** $853K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $846K
- **Jobs reported:** 75
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*