PPP Loan information for Valley grounds, inc.

$88,500

Valley grounds, inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/05/2020 by The Skyline National Bank reported 160 jobs and $88,500 was used to fund payroll.

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

VALLEY GROUNDS, INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY GROUNDS, INC.

Borrower Address

750 Den Hill Rd.

Borrower City

CHRISTIANSBURG

Borrower State

VA

Borrower Zip

24073-7720

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHRISTIANSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24073-7720

CD

VA-09

Jobs Reported

160

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22125.00

Payroll Proceed

66375.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89147.38

Forgiveness Date

01/07/2021

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