# PPP loan: VELOCITY FUND MANAGEMENT LLC
> **$259K** approved 04/28/2020 · Paid in Full · Loan `6843357207`
## Borrower
- **Name:** VELOCITY FUND MANAGEMENT LLC
- **Address:** 285 Kappa Drive Suite 100, PITTSBURGH, PA, 15238-2814
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $256K (99%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 6
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*