PPP Loan information for Velva drug company

$46,100

Velva drug company was initially approved for PPP Loan of amount $46,100, the current approved amount is $46,100. The loan was approved on 04/04/2020 by The Dakota Heritage Bank reported 8 jobs and $46,100 was used to fund payroll.

Velva drug company is Existing or more than 2 years old

PPP Loan Search / ND / VELVA / Velva drug company

VELVA DRUG COMPANY

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VELVA DRUG COMPANY

Borrower Address

16 Main St. North

Borrower City

VELVA

Borrower State

ND

Borrower Zip

58790-7303

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46100.00

Current Approval Amount

46100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VELVA

Project County Name

MCHENRY

Project State

ND

Project Zip

58790-7303

CD

ND-

Jobs Reported

8

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1570.00

Payroll Proceed

44530.00

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

Subchapter S Corporation

Originating Lender Location Id

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46408.18

Forgiveness Date

12/15/2020

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