PPP Loan information for Velvet cream, inc.

$58,488

Velvet cream, inc. was initially approved for PPP Loan of amount $58,488, the current approved amount is $58,488. The loan was approved on 04/13/2020 by The Cadence Bank reported 25 jobs and $58,488 was used to fund payroll.

Velvet cream, inc. is Existing or more than 2 years old

PPP Loan Search / MS / HERNANDO / Velvet cream, inc.

VELVET CREAM, INC.

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

VELVET CREAM, INC.

Borrower Address

2290 HIGHWAY 51

Borrower City

HERNANDO

Borrower State

MS

Borrower Zip

38632

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58487.50

Current Approval Amount

58487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNANDO

Project County Name

DESOTO

Project State

MS

Project Zip

38632-0001

CD

MS-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58487.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58896.91

Forgiveness Date

12/31/2020

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