PPP Loan information for Valley machine tool inc

$300,000

Valley machine tool inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/29/2020 by The 1st National Bank reported 23 jobs and $300,000 was used to fund payroll.

Valley machine tool inc is Existing or more than 2 years old

PPP Loan Search / OH / MORROW / Valley machine tool inc

VALLEY MACHINE TOOL INC

Date Approved

04/29/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VALLEY MACHINE TOOL INC

Borrower Address

9773 MORROW COZADDALE RD

Borrower City

MORROW

Borrower State

OH

Borrower Zip

45152-8589

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57878

Servicing Lender Name

1st National Bank

Servicing Lender Address

730 E Main St

Servicing Lender City

LEBANON

Servicing Lender State

OH

Servicing Lender Zip

45036-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORROW

Project County Name

WARREN

Project State

OH

Project Zip

45152-8589

CD

OH-01

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57878

Originating Lender

1st National Bank

Originating Lender City

LEBANON

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

301541.67

Forgiveness Date

11/03/2020

;