PPP Loan information for Valley electric inc

$388,292

Valley electric inc was initially approved for PPP Loan of amount $388,292, the current approved amount is $388,292. The loan was approved on 02/06/2021 by The First Southwest Bank reported 30 jobs and $388,292 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

02/06/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

VALLEY ELECTRIC INC

Borrower Address

6687 MALOFF RD

Borrower City

ALAMOSA

Borrower State

CO

Borrower Zip

81101

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388292.42

Current Approval Amount

388292.42

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

N

Business Age Description

Existing or more than 2 years old

Project City

ALAMOSA

Project County Name

ALAMOSA

Project State

CO

Project Zip

81101

CD

CO-03

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

388289.42

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

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390281.75

Forgiveness Date

08/18/2021

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