PPP Loan information for Velva foods inc

$51,230

Velva foods inc was initially approved for PPP Loan of amount $51,230, the current approved amount is $51,230. The loan was approved on 01/20/2021 by The North Star Community CU reported 24 jobs and $51,230 was used to fund payroll.

Velva foods inc is Existing or more than 2 years old

PPP Loan Search / ND / Velva / Velva foods inc

VELVA FOODS INC

Date Approved

01/20/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VELVA FOODS INC

Borrower Address

107 Main St N

Borrower City

Velva

Borrower State

ND

Borrower Zip

58790-7300

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51230.00

Current Approval Amount

51230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

102478

Servicing Lender Name

North Star Community CU

Servicing Lender Address

109 Central Ave

Servicing Lender City

MADDOCK

Servicing Lender State

ND

Servicing Lender Zip

58348-7205

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

58790-7300

CD

ND-

Jobs Reported

24

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51228.00

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

102478

Originating Lender

North Star Community CU

Originating Lender City

MADDOCK

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51466.23

Forgiveness Date

07/07/2021

;