PPP Loan information for Vale, inc.

$53,341

Vale, inc. was initially approved for PPP Loan of amount $53,341, the current approved amount is $53,341. The loan was approved on 04/08/2020 by The Logan Bank & Trust Company reported 16 jobs and $53,341 was used to fund payroll.

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

VALE, INC.

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

VALE, INC.

Borrower Address

2171 SMOOT AVENUE

Borrower City

DANVILLE

Borrower State

WV

Borrower Zip

25053

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53341.00

Current Approval Amount

53341.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

BOONE

Project State

WV

Project Zip

25053-0001

CD

WV-01

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53341.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53981.09

Forgiveness Date

06/24/2021

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