PPP Loan information for Valley electrical contractors, inc.

$1,852,200

Valley electrical contractors, inc. was initially approved for PPP Loan of amount $1,852,200, the current approved amount is $1,852,200. The loan was approved on 04/05/2020 by The The Huntington National Bank reported 148 jobs and $1,852,200 was used to fund payroll.

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

PPP Loan Search / MI / MIDLAND / Valley electrical contractors, inc.

VALLEY ELECTRICAL CONTRACTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VALLEY ELECTRICAL CONTRACTORS, INC.

Borrower Address

3079 East Commercial Drive

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48642-7840

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1852200.00

Current Approval Amount

1852200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48642-7840

CD

MI-04

Jobs Reported

148

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1852200.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1866002.70

Forgiveness Date

01/14/2021

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