# PPP loan: VELOCITY MADE GOOD INC
> **$579K** approved 02/16/2021 · Exemption 4 · Loan `9119118400`
## Borrower
- **Name:** VELOCITY MADE GOOD INC
- **Address:** 362 Gulf Breeze Pkwy, Gulf Breeze, FL, 32561-4492
- **NAICS:** 621399
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $579K
- **Forgiven:** $550K (95%)
- **Forgiveness date:** 08/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 27
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*