PPP Loan information for Valentine electric, inc.

$230,095

Valentine electric, inc. was initially approved for PPP Loan of amount $230,095, the current approved amount is $230,095. The loan was approved on 01/16/2021 by The Middletown Valley Bank reported 22 jobs and $230,095 was used to fund payroll.

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

VALENTINE ELECTRIC, INC.

Date Approved

01/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

VALENTINE ELECTRIC, INC.

Borrower Address

110 Western Maryland Pkwy

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740-5116

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230095.00

Current Approval Amount

230095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-5116

CD

MD-06

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

230090.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

231635.36

Forgiveness Date

09/21/2021

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