PPP Loan information for Velco farms inc.

$11,400

Velco farms inc. was initially approved for PPP Loan of amount $11,400, the current approved amount is $11,400. The loan was approved on 04/27/2020 by The First National Bank reported 4 jobs and $11,400 was used to fund payroll.

Velco farms inc. is Existing or more than 2 years old

PPP Loan Search / AR / Corning / Velco farms inc.

VELCO FARMS INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

VELCO FARMS INC.

Borrower Address

3200 Highway 135

Borrower City

Corning

Borrower State

AR

Borrower Zip

72422-7558

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11400.00

Current Approval Amount

11400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corning

Project County Name

CLAY

Project State

AR

Project Zip

72422-7558

CD

AR-01

Jobs Reported

4

NAICS Code

111160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11497.45

Forgiveness Date

03/09/2021

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