# PPP loan: VELOCITY PORTFOLIO GROUP INC
> **$469K** approved 04/14/2020 · Paid in Full · Loan `7220677109`
## Borrower
- **Name:** VELOCITY PORTFOLIO GROUP INC
- **Address:** 1800 RTE 34 NORTH BLDG 4 STE 404B, Belmar, NJ, 07719
- **NAICS:** 561440
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Jobs reported:** 31
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*