PPP Loan information for Valley distributors inc

$101,500

Valley distributors inc was initially approved for PPP Loan of amount $101,500, the current approved amount is $101,500. The loan was approved on 02/03/2021 by The PNC Bank, National Association reported 11 jobs and $101,500 was used to fund payroll.

Valley distributors inc is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Valley distributors inc

VALLEY DISTRIBUTORS INC

Date Approved

02/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

VALLEY DISTRIBUTORS INC

Borrower Address

3061 Lee St

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-1901

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101500.00

Current Approval Amount

101500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1901

CD

AL-06

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101498.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102427.60

Forgiveness Date

01/03/2022

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