PPP Loan information for Valley machining co.

$1,239,200

Valley machining co. was initially approved for PPP Loan of amount $1,239,200, the current approved amount is $1,239,200. The loan was approved on 04/05/2020 by The Peoples Bank reported 109 jobs and $1,239,200 was used to fund payroll.

Valley machining co. is Existing or more than 2 years old

PPP Loan Search / IA / ROCK VALLEY / Valley machining co.

VALLEY MACHINING CO.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VALLEY MACHINING CO.

Borrower Address

1250 22ND AVE

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-1443

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1239200.00

Current Approval Amount

1239200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-1443

CD

IA-04

Jobs Reported

109

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1239200.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1252005.07

Forgiveness Date

04/21/2021

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