PPP Loan information for Vel's bakery

$4,800

Vel's bakery was initially approved for PPP Loan of amount $4,800, the current approved amount is $4,800. The loan was approved on 04/27/2020 by The Elkhorn Valley Bank & Trust reported 3 jobs and $4,800 was used to fund payroll.

Vel's bakery is Existing or more than 2 years old

VEL'S BAKERY

Date Approved

04/27/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

VEL'S BAKERY

Borrower Address

309 MAIN ST

Borrower City

WAYNE

Borrower State

NE

Borrower Zip

68787

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4800.00

Current Approval Amount

4800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42251

Servicing Lender Name

Elkhorn Valley Bank & Trust

Servicing Lender Address

404 S 25th St

Servicing Lender City

NORFOLK

Servicing Lender State

NE

Servicing Lender Zip

68701-2801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

WAYNE

Project State

NE

Project Zip

68787-0001

CD

NE-03

Jobs Reported

3

NAICS Code

445299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

4200.00

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

Sole Proprietorship

Originating Lender Location Id

42251

Originating Lender

Elkhorn Valley Bank & Trust

Originating Lender City

NORFOLK

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4823.54

Forgiveness Date

11/02/2020

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