PPP Loan information for Valley equipment company inc

$437,700

Valley equipment company inc was initially approved for PPP Loan of amount $437,700, the current approved amount is $437,700. The loan was approved on 01/21/2021 by The Willamette Valley Bank reported 28 jobs and $437,700 was used to fund payroll.

Valley equipment company inc is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Valley equipment company inc

VALLEY EQUIPMENT COMPANY INC

Date Approved

01/21/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

VALLEY EQUIPMENT COMPANY INC

Borrower Address

3555 Blossom Dr NE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97305-1717

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437700.00

Current Approval Amount

437700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203330

Servicing Lender Name

Willamette Valley Bank

Servicing Lender Address

101 High St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3641

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97305-1717

CD

OR-05

Jobs Reported

28

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

437695.00

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

203330

Originating Lender

Willamette Valley Bank

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440314.21

Forgiveness Date

09/07/2021

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