PPP Loan information for Valley mecantile, inc.

$34,000

Valley mecantile, inc. was initially approved for PPP Loan of amount $34,000, the current approved amount is $34,000. The loan was approved on 04/04/2020 by The Western Bank reported 6 jobs and $34,000 was used to fund payroll.

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

VALLEY MECANTILE, INC.

Date Approved

04/04/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

VALLEY MECANTILE, INC.

Borrower Address

1326 Highway 9

Borrower City

ANIMAS

Borrower State

NM

Borrower Zip

88020-0001

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34000.00

Current Approval Amount

34000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45820

Servicing Lender Name

Western Bank

Servicing Lender Address

140 E Motel Dr

Servicing Lender City

LORDSBURG

Servicing Lender State

NM

Servicing Lender Zip

88045-1919

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANIMAS

Project County Name

HIDALGO

Project State

NM

Project Zip

88020-0001

CD

NM-02

Jobs Reported

6

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

25000.00

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

Subchapter S Corporation

Originating Lender Location Id

45820

Originating Lender

Western Bank

Originating Lender City

LORDSBURG

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34392.89

Forgiveness Date

06/15/2021

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