PPP Loan information for Valley fasteners of lynchburg inc.

$195,700

Valley fasteners of lynchburg inc. was initially approved for PPP Loan of amount $195,700, the current approved amount is $195,700. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 13 jobs and $195,700 was used to fund payroll.

Valley fasteners of lynchburg inc. is New Business or 2 years or less

VALLEY FASTENERS OF LYNCHBURG INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY FASTENERS OF LYNCHBURG INC.

Borrower Address

3401 CAMPBELL AVE

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-4605

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195700.00

Current Approval Amount

195700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-4605

CD

VA-05

Jobs Reported

13

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196986.79

Forgiveness Date

12/31/2020

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