PPP Loan information for Vale industries incorporated

$59,200

Vale industries incorporated was initially approved for PPP Loan of amount $59,200, the current approved amount is $59,200. The loan was approved on 04/30/2020 by The Busey Bank reported 8 jobs and $59,200 was used to fund payroll.

Vale industries incorporated is Unanswered

PPP Loan Search / IL / DEKALB / Vale industries incorporated

VALE INDUSTRIES INCORPORATED

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VALE INDUSTRIES INCORPORATED

Borrower Address

122 Simonds Ave

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59200.00

Current Approval Amount

59200.00

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

Unanswered

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-0001

CD

IL-14

Jobs Reported

8

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44400.00

Mortgage Interest Proceed

0.00

Rent Proceed

14800.00

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

59736.85

Forgiveness Date

04/05/2021

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