PPP Loan information for Custom valve concepts

$616,600

Custom valve concepts was initially approved for PPP Loan of amount $616,600, the current approved amount is $616,600. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 45 jobs and $616,600 was used to fund payroll.

Custom valve concepts is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Custom valve concepts

CUSTOM VALVE CONCEPTS

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CUSTOM VALVE CONCEPTS

Borrower Address

31651 RESEARCH PARK DR

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-4626

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616600.00

Current Approval Amount

616600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-4626

CD

MI-11

Jobs Reported

45

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

616600.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620676.41

Forgiveness Date

12/14/2020

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