PPP Loan information for Velma engine sales & service corp

$7,525

Velma engine sales & service corp was initially approved for PPP Loan of amount $7,525, the current approved amount is $7,525. The loan was approved on 04/13/2020 by The First National Bank and Trust Company of Ardmore reported 2 jobs and $7,525 was used to fund payroll.

Velma engine sales & service corp is Existing or more than 2 years old

PPP Loan Search / OK / VELMA / Velma engine sales & service corp

VELMA ENGINE SALES & SERVICE CORP

Date Approved

04/13/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

VELMA ENGINE SALES & SERVICE CORP

Borrower Address

Industrial Park

Borrower City

VELMA

Borrower State

OK

Borrower Zip

73491

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7525.00

Current Approval Amount

7525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58745

Servicing Lender Name

First National Bank and Trust Company of Ardmore

Servicing Lender Address

405 W Main St

Servicing Lender City

ARDMORE

Servicing Lender State

OK

Servicing Lender Zip

73401-4737

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VELMA

Project County Name

STEPHENS

Project State

OK

Project Zip

73491-0001

CD

OK-04

Jobs Reported

2

NAICS Code

333132

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

752.50

Payroll Proceed

6772.50

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

58745

Originating Lender

First National Bank and Trust Company of Ardmore

Originating Lender City

ARDMORE

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7579.43

Forgiveness Date

01/07/2021

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