PPP Loan information for Val-matic valve and manufacturing corporaiton

$2,282,000

Val-matic valve and manufacturing corporaiton was initially approved for PPP Loan of amount $2,282,000, the current approved amount is $2,282,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 140 jobs and $2,282,000 was used to fund payroll.

Val-matic valve and manufacturing corporaiton is Existing or more than 2 years old

PPP Loan Search / IL / ELMHURST / Val-matic valve and manufacturing corporaiton

VAL-MATIC VALVE AND MANUFACTURING CORPORAITON

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VAL-MATIC VALVE AND MANUFACTURING CORPORAITON

Borrower Address

905 S RIVERSIDE DRIVE

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-4941

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2282000.00

Current Approval Amount

2282000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-4941

CD

IL-06

Jobs Reported

140

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2282000.00

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

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2305136.94

Forgiveness Date

05/14/2021

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