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 04/14/2020 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

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

VALLEY EQUIPMENT COMPANY, INC.

Borrower Address

3565 BLOSSOM DR SE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97305-1717

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

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

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

109425.00

Payroll Proceed

328275.00

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

441729.24

Forgiveness Date

03/25/2021

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