Velocity Equipment Solutions Llc
1902 New Butler Road, New Castle, PA 16101 · All Other Plastics Product Manufacturing (NAICS 326199)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$1.8M
Jobs Supported
22
Years Active
2017–2017
Loan History (2)
Source: SBA FOIA7(a)$350,000
Cancelled
- Approved
- May 31, 2017 (FY2017)
- SBA Guaranteed
- $175,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 1
- Jobs Supported
- 11
- Business Type
- Corporation
- Industry
- All Other Plastics Product Manufacturing (NAICS 326199)
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lawrence County, PA
7(a)$1,410,900
Paid in Full
- Approved
- May 31, 2017 (FY2017)
- SBA Guaranteed
- $1,058,175 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 11
- Business Type
- Corporation
- Industry
- All Other Plastics Product Manufacturing (NAICS 326199)
- Paid in Full
- Dec 31, 2024
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lawrence County, PA
Business Details
- Business Type
- Corporation
- NAICS Code
- 326199 — All Other Plastics Product Manufacturing
- Address
- 1902 New Butler Road
New Castle, PA 16101
Lender
- The Huntington National Bank
- 17 S High St., Columbus, OH 43215