# PPP loan: VELOCITY TELECOM SERVICES LLC
> **$435K** approved 02/11/2021 · Paid in Full · Loan `7328948410`
## Borrower
- **Name:** VELOCITY TELECOM SERVICES LLC
- **Address:** 23020 Eaglewood Ct Ste 100, Sterling, VA, 20166-9503
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $435K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*