PPP Loan information for Valley lanes inc

$84,000

Valley lanes inc was initially approved for PPP Loan of amount $84,000, the current approved amount is $84,000. The loan was approved on 01/21/2021 by The First Farmers & Merchants Bank reported 22 jobs and $84,000 was used to fund payroll.

Valley lanes inc is Existing or more than 2 years old

PPP Loan Search / MN / Le Sueur / Valley lanes inc

VALLEY LANES INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

VALLEY LANES INC

Borrower Address

130 S Main St

Borrower City

Le Sueur

Borrower State

MN

Borrower Zip

56058-1909

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84000.00

Current Approval Amount

84000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Sueur

Project County Name

LE SUEUR

Project State

MN

Project Zip

56058-1909

CD

MN-02

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83998.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84443.33

Forgiveness Date

08/04/2021

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