PPP Loan information for Valley industrial trucks, inc.

$585,700

Valley industrial trucks, inc. was initially approved for PPP Loan of amount $585,700, the current approved amount is $585,700. The loan was approved on 04/06/2020 by The The Farmers National Bank of Canfield reported 50 jobs and $585,700 was used to fund payroll.

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

VALLEY INDUSTRIAL TRUCKS, INC.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

VALLEY INDUSTRIAL TRUCKS, INC.

Borrower Address

1152 Meadowbrook Ave

Borrower City

YOUNGSTOWN

Borrower State

OH

Borrower Zip

44512-1821

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

585700.00

Current Approval Amount

585700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YOUNGSTOWN

Project County Name

MAHONING

Project State

OH

Project Zip

44512-1821

CD

OH-06

Jobs Reported

50

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

585700.00

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

591540.73

Forgiveness Date

04/05/2021

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