PPP Loan information for Valley hotel, inc

$311,611

Valley hotel, inc was initially approved for PPP Loan of amount $311,611, the current approved amount is $311,611. The loan was approved on 04/14/2020 by The First National Bank Alaska reported 47 jobs and $311,611 was used to fund payroll.

Valley hotel, inc is Existing or more than 2 years old

PPP Loan Search / AK / PALMER / Valley hotel, inc

VALLEY HOTEL, INC

Date Approved

04/14/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

VALLEY HOTEL, INC

Borrower Address

606 S ALASKA STREET

Borrower City

PALMER

Borrower State

AK

Borrower Zip

99645

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311611.05

Current Approval Amount

311611.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALMER

Project County Name

MATANUSKA SUSITNA

Project State

AK

Project Zip

99645-0001

CD

AK-

Jobs Reported

47

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

237611.05

Mortgage Interest Proceed

0.00

Rent Proceed

67000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

314889.37

Forgiveness Date

05/12/2021

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