PPP Loan information for Valante mechanical inc

$564,342

Valante mechanical inc was initially approved for PPP Loan of amount $564,342, the current approved amount is $564,342. The loan was approved on 02/05/2021 by The Coastal Heritage Bank reported 28 jobs and $564,342 was used to fund payroll.

Valante mechanical inc is Existing or more than 2 years old

PPP Loan Search / MA / Quincy / Valante mechanical inc

VALANTE MECHANICAL INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

VALANTE MECHANICAL INC

Borrower Address

32 Furnace Ave

Borrower City

Quincy

Borrower State

MA

Borrower Zip

02169-4050

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

564342.00

Current Approval Amount

564342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-4050

CD

MA-08

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

564338.00

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

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570078.19

Forgiveness Date

02/17/2022

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