PPP Loan information for Valley contracting, inc

$149,900

Valley contracting, inc was initially approved for PPP Loan of amount $81,600, the current approved amount is $149,900. The loan was approved on 04/06/2020 by The United Community Bank reported 10 jobs and $149,900 was used to fund payroll.

Valley contracting, inc is Existing or more than 2 years old

VALLEY CONTRACTING, INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VALLEY CONTRACTING, INC

Borrower Address

1850 Hwy 4

Borrower City

ESTHERVILLE

Borrower State

IA

Borrower Zip

51334-7505

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81600.00

Current Approval Amount

149900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25262

Servicing Lender Name

United Community Bank

Servicing Lender Address

1000 Okoboji Ave

Servicing Lender City

MILFORD

Servicing Lender State

IA

Servicing Lender Zip

51351-1375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESTHERVILLE

Project County Name

EMMET

Project State

IA

Project Zip

51334-7505

CD

IA-04

Jobs Reported

10

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149900.00

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

25262

Originating Lender

United Community Bank

Originating Lender City

MILFORD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151776.83

Forgiveness Date

07/15/2021

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