PPP Loan information for Valenti motors inc

$1,183,765

Valenti motors inc was initially approved for PPP Loan of amount $1,183,765, the current approved amount is $1,183,765. The loan was approved on 04/10/2020 by The Liberty Bank reported 90 jobs and $1,183,765 was used to fund payroll.

Valenti motors inc is Existing or more than 2 years old

PPP Loan Search / CT / WATERTOWN / Valenti motors inc

VALENTI MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

VALENTI MOTORS INC

Borrower Address

600 STRAITS TPKE

Borrower City

WATERTOWN

Borrower State

CT

Borrower Zip

06795-3321

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1183765.00

Current Approval Amount

1183765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06795-3321

CD

CT-05

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1183765.00

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

Subchapter S Corporation

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1194517.53

Forgiveness Date

03/18/2021

;