PPP Loan information for Valley distributors, inc.

$130,220

Valley distributors, inc. was initially approved for PPP Loan of amount $130,220, the current approved amount is $130,220. The loan was approved on 04/28/2020 by The Lakeland Bank reported 11 jobs and $130,220 was used to fund payroll.

Valley distributors, inc. is Existing or more than 2 years old

VALLEY DISTRIBUTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VALLEY DISTRIBUTORS, INC.

Borrower Address

3 JOANNA CT SUITE F

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-2283

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130220.00

Current Approval Amount

130220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-2283

CD

NJ-12

Jobs Reported

11

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130220.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108852.58

Forgiveness Date

02/10/2021

;