PPP Loan information for Velco farms inc

$23,500

Velco farms inc was initially approved for PPP Loan of amount $23,500, the current approved amount is $23,500. The loan was approved on 03/13/2021 by The First National Bank reported 4 jobs and $23,500 was used to fund payroll.

Velco farms inc is Existing or more than 2 years old

PPP Loan Search / AR / Corning / Velco farms inc

VELCO FARMS INC

Date Approved

03/13/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

VELCO FARMS INC

Borrower Address

3280 Highway 135

Borrower City

Corning

Borrower State

AR

Borrower Zip

72422-7558

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23500.00

Current Approval Amount

23500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corning

Project County Name

CLAY

Project State

AR

Project Zip

72422-7558

CD

AR-01

Jobs Reported

4

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23496.00

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

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23642.29

Forgiveness Date

10/25/2021

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