PPP Loan information for Valley automation inc

$141,000

Valley automation inc was initially approved for PPP Loan of amount $141,000, the current approved amount is $141,000. The loan was approved on 04/07/2020 by The Pioneer Bank reported 15 jobs and $141,000 was used to fund payroll.

Valley automation inc is Existing or more than 2 years old

VALLEY AUTOMATION INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY AUTOMATION INC

Borrower Address

1316 East Main Street

Borrower City

LURAY

Borrower State

VA

Borrower Zip

22835-1628

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141000.00

Current Approval Amount

141000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73877

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

252 E Main St

Servicing Lender City

STANLEY

Servicing Lender State

VA

Servicing Lender Zip

22851-4039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LURAY

Project County Name

PAGE

Project State

VA

Project Zip

22835-1628

CD

VA-06

Jobs Reported

15

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141000.00

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

73877

Originating Lender

Pioneer Bank

Originating Lender City

STANLEY

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142116.25

Forgiveness Date

01/28/2021

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