Velva Drug Company

$46,100 PPP Loan in Velva, North Dakota

Loan Details

Loan Number
4698247006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$46,100
Current Approval
$46,100
Forgiveness Amount
$46,408
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Velva Drug Company
Address
16 Main St. North
City
Velva
ZIP Code
58790-7303
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$44,530
Utilities
$1,570

Lender Information

Servicing Lender
Dakota Heritage Bank
Originating Lender
Dakota Heritage Bank

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