PPP Loan information for Velzke enterprise inc.

$29,200

Velzke enterprise inc. was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/28/2020 by The Community Bank Owatonna reported 3 jobs and $29,200 was used to fund payroll.

Velzke enterprise inc. is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Velzke enterprise inc.

VELZKE ENTERPRISE INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VELZKE ENTERPRISE INC.

Borrower Address

120 CEDAR AVE

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-2304

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-2304

CD

MN-01

Jobs Reported

3

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29365.47

Forgiveness Date

11/23/2020

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