PPP Loan information for Vale electric inc.

$701,505

Vale electric inc. was initially approved for PPP Loan of amount $701,505, the current approved amount is $701,505. The loan was approved on 03/17/2021 by The Bank of Eastern Oregon reported 46 jobs and $701,505 was used to fund payroll.

Vale electric inc. is Existing or more than 2 years old

VALE ELECTRIC INC.

Date Approved

03/17/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

VALE ELECTRIC INC.

Borrower Address

3785 Lytle Blvd

Borrower City

Vale

Borrower State

OR

Borrower Zip

97918-5639

Loan Status Date

10/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

701505.00

Current Approval Amount

701505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59534

Servicing Lender Name

Bank of Eastern Oregon

Servicing Lender Address

250 NW Gale St

Servicing Lender City

HEPPNER

Servicing Lender State

OR

Servicing Lender Zip

97836

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vale

Project County Name

MALHEUR

Project State

OR

Project Zip

97918-5639

CD

OR-02

Jobs Reported

46

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

701500.00

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

59534

Originating Lender

Bank of Eastern Oregon

Originating Lender City

HEPPNER

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

711672.02

Forgiveness Date

09/07/2022

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