# PPP loan: VELOCITY TRANSPORT LLC
> **$731K** approved 05/01/2021 · Paid in Full · Loan `6216418906`
## Borrower
- **Name:** VELOCITY TRANSPORT LLC
- **Address:** 7484 University Ave Ste 330, La Mesa, CA, 91942-6065
- **NAICS:** 492110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $731K
- **Initial approval:** $731K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 07/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $731K
- **Utilities:** $1
- **Jobs reported:** 145
## Lender
- **Originating:** WebBank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*