PPP Loan information for Veldtop, inc.

$107,740

Veldtop, inc. was initially approved for PPP Loan of amount $107,740, the current approved amount is $107,740. The loan was approved on 04/09/2020 by The The State Bank reported 36 jobs and $107,740 was used to fund payroll.

Veldtop, inc. is Existing or more than 2 years old

VELDTOP, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VELDTOP, INC.

Borrower Address

2003 18th Street

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-1061

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107740.00

Current Approval Amount

107740.00

Undisbursed Amount

0.00

Franchise Name

Pizza Ranch

Servicing Lender Location Id

25496

Servicing Lender Name

The State Bank

Servicing Lender Address

1902 Hill Ave

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1212

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-1061

CD

IA-04

Jobs Reported

36

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2740.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25496

Originating Lender

The State Bank

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108596.02

Forgiveness Date

02/02/2021

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