Current business record

VELOCITY MAGNETICS, INC.

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000
Filed business name
VELOCITY MAGNETICS, INC.
Approval date
Apr 7, 2020
Initial approval amount
$300,100.00
Current approval amount
$300,100.00
Loan status
Paid in Full (May 21, 2021)
Forgiveness amount
$302,985.89
Jobs reported
22
Address
200 GREEN RIDGE RD
NEW CASTLE, PA 16105-6140
Lender
First Commonwealth Bank
NAICS code
333517
Business type
Subchapter S Corporation
Congressional district
PA-16

Loan 2

$150,000–350,000
Filed business name
VELOCITY MAGNETICS INC.
Approval date
Feb 24, 2021
Initial approval amount
$294,895.60
Current approval amount
$294,895.60
Loan status
Paid in Full (Apr 16, 2022)
Forgiveness amount
$297,989.98
Jobs reported
22
Address
200 Green Ridge Rd
New Castle, PA 16105-6140
Lender
First Commonwealth Bank
NAICS code
335312
Business type
Subchapter S Corporation
Congressional district
PA-16