Velocity Drain Services Inc.
$83,117 PPP Loan in Elk River, Minnesota
Loan Details
- Loan Number
- 6447007009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $83,117
- Current Approval
- $84,667
- Forgiveness Amount
- $85,736
- Forgiveness Date
- Jul 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $63,567
- Rent
- $20,000
- Utilities
- $1,100
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Stearns Bank National Association
Other PPP Loans in Elk River, MN
| Business | Approved | |
|---|---|---|
| Accurate Home Care Holdings LLC | $4,011,400 | |
| Cornerstone Auto Group LLC | $3,384,507 | |
| Metal Craf Machine & Engineering, Inc. | $2,206,900 | |
| Guardian Angels of Elk River Inc. | $1,882,900 | |
| Murray Enterprises, Inc. | $1,792,300 |
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