PPP Loan information for Valley electric, inc.

$400,000

Valley electric, inc. was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/10/2020 by The First Southwest Bank reported 30 jobs and $400,000 was used to fund payroll.

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

PPP Loan Search / CO / ALAMOSA / Valley electric, inc.

VALLEY ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

VALLEY ELECTRIC, INC.

Borrower Address

6687 MALOUFF ROAD

Borrower City

ALAMOSA

Borrower State

CO

Borrower Zip

81101-9739

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALAMOSA

Project County Name

ALAMOSA

Project State

CO

Project Zip

81101-9739

CD

CO-03

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

378400.00

Mortgage Interest Proceed

0.00

Rent Proceed

12400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402652.05

Forgiveness Date

12/15/2020

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