PPP Loan information for Valley distributing co of fairmont, inc.

$199,797

Valley distributing co of fairmont, inc. was initially approved for PPP Loan of amount $199,797, the current approved amount is $199,797. The loan was approved on 04/14/2020 by The MVB Bank, Inc. reported 19 jobs and $199,797 was used to fund payroll.

Valley distributing co of fairmont, inc. is Existing or more than 2 years old

PPP Loan Search / WV / FAIRMONT / Valley distributing co of fairmont, inc.

VALLEY DISTRIBUTING CO OF FAIRMONT, INC.

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

VALLEY DISTRIBUTING CO OF FAIRMONT, INC.

Borrower Address

P.O. Box 97

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26555

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199797.00

Current Approval Amount

199797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26555-0001

CD

WV-02

Jobs Reported

19

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199797.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202316.66

Forgiveness Date

07/15/2021

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