PPP Loan information for Valley electric company

$199,205

Valley electric company was initially approved for PPP Loan of amount $199,205, the current approved amount is $199,205. The loan was approved on 03/20/2021 by The The Croghan Colonial Bank reported 9 jobs and $199,205 was used to fund payroll.

Valley electric company is Existing or more than 2 years old

VALLEY ELECTRIC COMPANY

Date Approved

03/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

VALLEY ELECTRIC COMPANY

Borrower Address

432 N Wood St

Borrower City

Fremont

Borrower State

OH

Borrower Zip

43420-2561

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199204.65

Current Approval Amount

199204.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fremont

Project County Name

SANDUSKY

Project State

OH

Project Zip

43420-2561

CD

OH-09

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199202.65

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

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201506.57

Forgiveness Date

05/23/2022

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