PPP Loan information for Valley engineering plc

$770,606

Valley engineering plc was initially approved for PPP Loan of amount $797,000, the current approved amount is $770,606. The loan was approved on 04/03/2020 by The Farmers & Merchants Bank reported 53 jobs and $770,606 was used to fund payroll.

Valley engineering plc is Existing or more than 2 years old

VALLEY ENGINEERING PLC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY ENGINEERING PLC

Borrower Address

4901 Crowe Drive

Borrower City

MOUNT CRAWFORD

Borrower State

VA

Borrower Zip

22841-2223

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

797000.00

Current Approval Amount

770606.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT CRAWFORD

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22841-2223

CD

VA-06

Jobs Reported

53

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

770606.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

778483.31

Forgiveness Date

04/13/2021

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