# PPP loan: VELOCITY FIVE LLC
> **$370K** approved 01/29/2021 · Paid in Full · Loan `7999078301`
## Borrower
- **Name:** VELOCITY FIVE LLC
- **Address:** 2300 Clarendon Blvd, Arlington, VA, 22201-3398
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** John Marshall Bank
- **Servicing:** John Marshall Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*