PPP Loan information for Valco industries, inc.

$375,000

Valco industries, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/08/2020 by The The Park National Bank reported 62 jobs and $375,000 was used to fund payroll.

Valco industries, inc. is Existing or more than 2 years old

PPP Loan Search / OH / SPRINGFIELD / Valco industries, inc.

VALCO INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VALCO INDUSTRIES, INC.

Borrower Address

625 Burt Street

Borrower City

SPRINGFIELD

Borrower State

OH

Borrower Zip

45501

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

CLARK

Project State

OH

Project Zip

45501-0001

CD

OH-10

Jobs Reported

62

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377013.70

Forgiveness Date

11/05/2020

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