PPP Loan information for Vale electric, inc.

$706,382

Vale electric, inc. was initially approved for PPP Loan of amount $706,382, the current approved amount is $706,382. The loan was approved on 04/30/2020 by The Bank of Eastern Oregon reported 46 jobs and $706,382 was used to fund payroll.

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

VALE ELECTRIC, INC.

Date Approved

04/30/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

VALE ELECTRIC, INC.

Borrower Address

3785 Lytle Blvd

Borrower City

VALE

Borrower State

OR

Borrower Zip

97918

Loan Status Date

03/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

706382.00

Current Approval Amount

706382.00

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

97918-0001

CD

OR-02

Jobs Reported

46

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

706382.00

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

706011.42

Forgiveness Date

08/11/2021

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