PPP Loan information for Valley craft industries inc

$882,095

Valley craft industries inc was initially approved for PPP Loan of amount $882,095, the current approved amount is $882,095. The loan was approved on 01/28/2021 by The Merchants Bank, National Association reported 79 jobs and $882,095 was used to fund payroll.

Valley craft industries inc is Existing or more than 2 years old

PPP Loan Search / MN / Lake City / Valley craft industries inc

VALLEY CRAFT INDUSTRIES INC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

VALLEY CRAFT INDUSTRIES INC

Borrower Address

2001 S Highway 61

Borrower City

Lake City

Borrower State

MN

Borrower Zip

55041-9555

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

882095.00

Current Approval Amount

882095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake City

Project County Name

WABASHA

Project State

MN

Project Zip

55041-9555

CD

MN-01

Jobs Reported

79

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

882092.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

886456.47

Forgiveness Date

08/02/2021

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