PPP Loan information for Vale industries inc - vaa1851

$49,808

Vale industries inc - vaa1851 was initially approved for PPP Loan of amount $49,808, the current approved amount is $49,808. The loan was approved on 03/25/2021 by The Busey Bank reported 8 jobs and $49,808 was used to fund payroll.

Vale industries inc - vaa1851 is Existing or more than 2 years old

PPP Loan Search / IL / DeKalb / Vale industries inc - vaa1851

VALE INDUSTRIES INC - VAA1851

Date Approved

03/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VALE INDUSTRIES INC - VAA1851

Borrower Address

122 Simonds Ave

Borrower City

DeKalb

Borrower State

IL

Borrower Zip

60115-3969

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49808.00

Current Approval Amount

49808.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DeKalb

Project County Name

DEKALB

Project State

IL

Project Zip

60115-3969

CD

IL-14

Jobs Reported

8

NAICS Code

333519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49808.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50224.20

Forgiveness Date

01/31/2022

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